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Growth Recession
(redirected from Growth Recessions)

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Growth recession
A growth recession is a prolonged period (more than one quarter) of significantly below trend real GDP growth. For the U.S., this would be growth in the 0-2 percent range. While an official recession usually has two quarters of negative real GDP growth, this is not required in a growth recession.
Growth Recession
An economy in which GDP growth is occurring but unemployment is high. A growth recession can be politically complicated, as politicians either must convince the majority of people that things are going well or a minority that things are going poorly. See also: Jobless recovery.
growth recession
An economy in which the output of goods and services slowly expands but unemployment remains high or grows.
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These growth recessions have been among the root causes for higher unemployment in the exporting countries of Asia and Latin America.
Trends in world employment by Brand, Horst / Monthly Labor Review
Growth recessions, as that term is commonly used, are periods when output grows slower than trend for a sustained period.
The recent recession, the current recovery, and stock prices by Nordhaus, William D. / Brookings Papers on Economic Activity
Historically, most growth recessions degenerate into business cycle recessions, but some do not.
The 1997 outlook by Gnuschke, John / Business Perspectives
 
 
 
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