What is another word for recession?

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

Noun
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.”
Noun
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.”
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