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.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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References in periodicals archive

Finally, we define a double-dip recession as a decrease of real GDP that occurs after the trough but prior to the reversion point.

American experience with double dip recession in the early 1980's

Economists believe a stronger-than-reported performance from Britain's building sites during the first quarter of 2012 could see the 2011-12 double-dip recession revised away.

Did the double-dip recession even happen?

Economists believe a strongerthan-reported performance from Britain's building sites during the first quarter of 2012 could see the 2011/12 double-dip recession revised away.

Double-dip could be re-written away

The economy shrank by 0.5 per cent between April and June, marking the third consecutive quarter of declining output and the longest double-dip recession since the 1950s.

Manufacturing boost for economy; business Business briefing

The mixed picture comes as economists debate whether the economy will emerge from the longest double-dip recession since the 1950s.

Optimism hits 20-year low

The UK is in the longest double-dip recession since quarterly records began in 1955.

Economy is desperate for growth, but coalition plays down the figures; YouSAY IN YOUR OPINION

| LONDON, Aug 24 (KUNA) -- Britain's double-dip recession is not as deep as previously feared after revised figures showed Friday a smaller contraction in the second quarter of the year.

Revised recession figures better

THE Bank of England will slash its growth forecasts close to zero today as the double-dip recession deepens.

Zero growth forecast due from Bank

And they are refusing to change course on their failed economic plan which has pushed the UK into a double-dip recession and seen long-term youth unemployment in the North West increase by 283% in the last year and which means borrowing is now higher than last yea r.

Luciana Berger MP

This is now the slowest recovery in 100 years - slower than after the Great Depression - and it means Britain is now in its longest double-dip recession since records began.

You're smarter for 10; New figures show the economy is getting worse. ANDREW TURKINGTON looks at what this means for you