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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 decline, especially economically
“The country was gripped by a deep recession and interest rates were soaring.”
An act of moving back or withdrawing
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“These borings exhibit the sea's immediate presence during the Eocene period and its gradual recession from the base of the granite cliffs to its present boundaries.”
A gradual and continuous loss of strength, numbers, quality, or value
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A market where a majority of investors are selling, causing prices to drop
An act of reversion or relapsing to an earlier state or stage
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