Double-dip recession,

Definition of Double-dip recession:

1. A double-dip recession refers to a recession followed by a short-lived recovery, followed by another recession. For whatever reason, after the initial recession has passed the recovery stalls and the second round of recession sets in just as, or even before, the economy has fully recovered from the losses of the initial recession. One good indicator of a double-dip recession is when gross domestic product (GDP) growth slides back to negative after a few quarters of positive growth. A double-dip recession is also known as a W-shaped recovery. .

2. A second recession following a brief period of growth. A double-dip recession must come after an initial period of general economic decline. Essentially, the countrys GDP slides from negative to positive and eventually back to negative. If a country experiences a double-dip recession, the impact on the economy will be worse than the initial recession. In some cases, a double-dip recession has the ability to catapult a country into a depression.

3. A recession during which a period of economic decline is followed by a brief period (usually one or two quarters) of growth, followed by a further period of decline.

4. The causes for a double-dip recession vary but often include a slowdown in the production of goods and services that brings renewed layoffs and investment cutbacks from the previous downturn. A double-dip (or even triple-dip) is a very bad scenario or the economy, only marginally better than a sustained depression. .

How to use Double-dip recession in a sentence?

1. The last double-dip recession in the United States occurred during the early 1980s.
2. A double-dip recession is when a recession is followed by a short-lived recovery and another recession.
3. Double-dip recessions can be caused due to a variety of reasons, and involve prolonged unemployment and low GDP.

Double-dip Recession,

Double-dip Recession:

• A brief slowdown in economic growth followed by a return to recession is a sure recovery. Also known as W-shaped recession. See recession forms.

Literal Meanings of Double-dip Recession

Double:

Meanings of Double:

1. Number or scope or twice.

2. A game or competition with a team of two players (especially tennis and badminton).

3. A number or quantity is the opposite or twice the size of a normal number or quantity.

Sentences of Double

1. Combine the two sleeping bags into one double.

2. He paid double and took the room.

Synonyms of Double

bend back/over, exact likeness, ■■■■ ringer, have a dual role, counterpart, spit and image, in pairs, fold (back/up/down/over/under), clone, do, perfect likeness, turn back/up/down/over/under, mate, fellow, binary, tuck back/up/down/under, multiply by two, Doppelgänger, (also) serve, twice the amount, image, enlarge, imitation, twin

Dip:

Meanings of Dip:

1. Quickly or briefly put or drop something in (liquid).

2. Using hands or tools (bags or containers) to pull something.

3. Missed opportunity, failed.

4. A thick sauce in which pieces of food are soaked before eating.

5. A small descending slope, followed by an ascending slope.

6. The degree at which something is tilted from horizontal to downward.

7. Powdered or chopped tobacco that is placed in the mouth instead of smoking, usually between the gums and the lips.

8. A candle made by dipping several times in hot wax.

9. Document Imaging, a system for digitally storing and retrieving documents in the form of scanned images.

10. Dual inline packages, packages of integrated circuits consisting of a closed rectangular unit with two parallel rows of pins pointing downwards.

11. Diplomat

Sentences of Dip

1. They cool down by jumping into the pool.

2. Large fence under the dive

3. He threw away all the boxes of sauce and swore not to smoke

Synonyms of Dip

cant, rinse, disappear, go down, fall away, basin, soak, splash, vanish, plunge, decline, slant, paddle, descent, slope, dimple, indentation, hollow, reach into, depression, be at an angle, drop, steep

Recession:

Meanings of Recession:

1. During a period of temporary economic downturn, when trade and industrial activity slows down, GDP usually declines in two quarters.

Synonyms of Recession

stagflation, depression, credit squeeze, downturn, slowdown, bust, slump, hard times, economic decline, credit crunch, stagnation, trough