growth recession


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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.
References in periodicals archive ?
NWI: How has National Wiper Alliance been able to grow year on year despite supply issues, slower market growth recession and other economic challenges?
Nevertheless, the numbers coming out of China are now considerably better than was so nine months ago when fears of a slip in growth to 5-6% caused fears of a growth recession that would undermine the entire de-coupling story of Asian resilience.
It is feared that the economy with a GDP size of US$175 billion is likely to enter a growth recession in the financial year 2011.
It is highly unlikely, in my opinion, that Beijing will drive the economy into a growth recession just to contain inflation," Stephen Jen, managing director of macroeconomics and currencies at Bluegold Capital Management, said in a note.
With the exception of India and Brazil, virtually all countries are experiencing either an outright recession or a growth recession.
Ms Lea said the prospect of a growth recession in the US was "almost inevitable" and added, "US problems are always inflated around the globe.
Statistics Norway, the Norwegian state statistics agency, said on Thursday (20 March) that the Norwegian economy was in a growth recession in 2002 and would not turn until the end of the year 2004.
He remarked that the recession in 2001 had been exceptionally mild and came very close to being a growth recession rather than an NBER recession.
All factors considered, however, we're increasingly optimistic that the current economy is in a growth recession.
Even the expansion of the 1960s seems to have only four phases with a growth recession interspersed between the recovery and expansion.
an interesting likelihood of a growth recession, or a sustained period of below-trend growth, starting in the first half of 1997.
In his column of November 26th entitled "The Growth Recession," Safire asks the question: "What if the first two quarters of 1985 show an actual decline, and the growth recession becomes a real recession?