economic decline, downturn, depression, slump, slowdown, trough, credit crunch, credit squeeze. stagnation, stagflation. hard times.

Is a recession the opposite of economic growth?

What is it, really, the opposite of? Answer: A recession is a period of general economic decline, a contraction in the GDP for six months (two consecutive quarters) or longer. In that sense, they represent negative growth.

What is another word for recession in economics?

In this page you can discover 39 synonyms, antonyms, idiomatic expressions, and related words for recession, like: bankruptcy, withdrawal, retreat, collapse, return, depression, abatement, bust, declension, decline and retrocession.

What is meant by Skewflation?

Skeflation refers to inflation in some commodities , deflation in others. During the course of the year, inflation in these commodities stabilized, but by November there was another spike in prices of another set of commodities, led by onions, cabbage, milk, and a couple of other products.

What is a deflationary gap?

: a deficit in total disposable income relative to the current value of goods produced that is sufficient to cause a decline in prices and a lowering of production — compare inflationary gap.

What is a walking inflation?

Walking Inflation: Walking inflation occurs when prices rise moderately and annual inflation rate is a single digit. Inflation of this rate is a warning signal for the government to control it before it turns into running inflation.

What is a big word for SAD?

1 unhappy, despondent, disconsolate, discouraged, gloomy, downcast, downhearted, depressed, dejected, melancholy.

What is the scientific term for depression?

Overview. Depression is a mood disorder that causes a persistent feeling of sadness and loss of interest. Also called major depressive disorder or clinical depression, it affects how you feel, think and behave and can lead to a variety of emotional and physical problems.