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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.

double-dip recession
An extended decline in economic activity following an aborted recovery from a previous recession. A relatively weak economic recovery sometimes causes investors to worry about the economy entering another recession.


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Responding to the yen's surge, Japan's Prime Minister Yukio Hatoyama said his government must take measures to avoid a double-dip recession.
Responding to the yen's surge, Japan's Prime Minister Yukio Hatoyama said his government must take measures to avoid a double-dip recession.
Bernanke said he sees the economy maintaining growth -- after expanding in the third quarter following four quarters of declines -- despite fears of a so-called double-dip recession.
 
 
 
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