Double Dip Recession


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Double Dip Recession

A long-term macroeconomic trend characterized by a recession, a recovery, then another recession. For example, the United States economy entered a recession in 1929, which continued until 1933. Recovery continued until 1937, at which point a second recession began. Double-dip recessions often have weak recoveries in between the recessions (though the example above included some years of very strong growth); analysts therefore tend to worry about a double-dip recession when a recovery is weak.
References in periodicals archive ?
The reason they are ramping up the decibels to get to Ed [Miliband] and me in the last six months is because the economy has gone back into double dip recession.
It's bad news and raises the spectre of double dip recession further spooking consumers who are reluctant to spend having experienced the biggest drop in real incomes for decades, thereby denting the nascent revival of consumer and business confidence seen of late.
OTTAWA: The global economic recovery is slowing although it's unlikely to turn into a double dip recession, OECD chief Angel Gurria said Friday.
The data eases fears of a double dip recession and will reinforce government hopes that the private sector will pick up the slack created in the economy by mammoth public spending cuts.
If you buy Hall's definition, then a double dip recession does not pose an imminent threat, and hasn't for quite some time -- at least three decades.
Vote for David Cameron and the Conservatives and get Tory double dip recession.
If this happens, the New York real estate market will have effectively defied all economic principles and will have established a precedent never before seen, because it will have thrived and prospered through the pitfalls of a double dip recession.
7 Public Forum letter: Ronald Reagan did preside over the worst recessions since the Great Depression: the double dip recession of the early '80s.
The British economy, almost alone among leading industrialised countries has been plunged into a double dip recession.
CUTS: Luciana "With huge cuts to public services beginning to bite, unemployment at over 2m and businesses struggling during the longest double dip recession in UK history, more and more people are forced to rely on benefits, which it turns out the government aren't competent enough to provide in a timely fashion.
THE reality of David Cameron and Nick Clegg's incompetence is double dip recession Britain, where living standards are falling, and good businesses as well as bad go to the wall.
It itself is in denial about how serious the economic situation is coming because any recovery is so fragile that some commentators indicate that we can not rule out a double dip recession.