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What is the verb for recession?

What's the verb for recession? Here's the word you're looking for.

recess
  1. To inset into something, or to recede.
  2. (intransitive) To take or declare a break.
  3. (transitive, informal) To appoint, with a recess appointment.
  4. To make a recess in.
  5. Synonyms:
  6. Examples:
    1. “The President is urging Congress to approve his economic stimulus package before lawmakers recess for the year.”
recede
  1. To move back; to retreat; to withdraw.
  2. To cede back; to grant or yield again to a former possessor.
  3. To take back.
  4. Synonyms:
  5. Examples:
    1. “She stood perfectly still, listening to his footsteps recede down the hall.”
      “Bear in mind that little annoyances do not recede with time, they just become bigger annoyances.”
      “Those in the boat watch the island recede from view as they near the completion of their trip.”
recessed
receding
recedes
  1. Third-person singular simple present indicative form of recede
  2. Synonyms:
  3. Examples:
    1. “While demand may pick up as the threat of recession recedes, there are doubts that corporate profitability can soar ahead.”
      “The thick fur which is so clearly an adaptation in the depth of an ice age is equally clearly a liability as the ice age recedes.”
      “But that is not true of power politics, where, as one nation rises, another recedes.”
recedeth
  1. (archaic) Third-person singular simple present indicative form of recede
recesses
receded
  1. simple past tense and past participle of recede
  2. Synonyms:
  3. Examples:
    1. “Residents looked on in tears as water receded slowly, offering the first glimpses of streets, squares and ground floors submerged in mud.”
      “The water level has receded to expose the entire site, leaving the work as a low white spiral mound embedded in blindingly white salt flats.”
      “As we passed overhead, the glare of the moonlight on the water receded, and with our goggles, we could see a wake behind the ship.”
recessing
  1. present participle of recess
  2. Synonyms:
  3. Examples:
    1. “On March 16, before recessing for Easter break, the House passed a bill that was broader in scope than the bill eventually signed into law.”
      “Because, here you have a judge recessing a trial, right in the middle of trial, and saying it could be exculpatory evidence.”
      “I understand the House will be recessing soon and people's thoughts turn to vacation.”
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