What is another word for recession?

Need synonyms for recession? Here's a list of similar words from our thesaurus that you can use instead.

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters
“The country was gripped by recession and interest rates were soaring.”
An act of moving away especially from something difficult, dangerous, or disagreeable
“… a retiring CEO making a gradual recession from the daily rigors of running a major corporation.”
A gradual and continuous loss of strength, numbers, quality, or value
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The property of being thrifty
An action of regressing, a return to a previous state
The act or process of vanishing
The process of becoming smaller
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The act or a means of getting or keeping away from something undesirable
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