double-dip recession


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Related to double-dip recession: V Shaped Recovery

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.
References in periodicals archive ?
Official figures also showed the double-dip recession was deeper than originally feared.
The slump in the service sector - the traditional powerhouse of the nation's economy - raised renewed fears of a double-dip recession.
Despite the upward revision, however, the figures still represent the biggest quarter-on-quarter fall for more than three years and mean the economy remains mired in the longest double-dip recession since the 1950s.
A double-dip recession is when the economy slides back into recession before it has fully recovered from the last one.
While just over half of the respondents believe the recovery is stalling (55%), only 14% believe the economy is heading for a double-dip recession.
BRITAIN'S longest double-dip recession for more than 50 years will be confirmed in official figures due today .
THE grim news that Britain has entered a double-dip recession is hardly surprising, yet this car crash of a Government still won't be moved.
The cuts being imposed on Wales are too deep, too fast - and we now face the very real prospect of a double-dip recession.
The economy is teetering on the brink of a double-dip recession.
THE prospect of a double-dip recession may have been held off, after consumer confidence in the British economy improved in August for the first time in five months, a research group said today.
THE UK's best growth in nearly a decade was overshadowed last night by the growing threat of a double-dip recession in the US.
FIRST MINISTER Carwyn Jones warned of the "very real prospect" of a double-dip recession as he renewed his concerns over the UK Government's financial strategy.