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 ?
Finally, we define a double-dip recession as a decrease of real GDP that occurs after the trough but prior to the reversion point.
A double-dip recession is when a country's economy contracts, then returns to positive growth for a short period of time, then falls back into recession.
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.
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.
The UK climbed out of the double-dip recession with a bang between July and September as the economy returned to growth at its fastest pace in five years, official figures showed on Thursday.
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.
The mixed picture comes as economists debate whether the economy will emerge from the longest double-dip recession since the 1950s.
The UK is in the longest double-dip recession since quarterly records began in 1955.
| 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.
THE Bank of England will slash its growth forecasts close to zero today as the double-dip recession deepens.
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.
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.