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Economic recession
Translation economic recession into russian
economic recession
The country is facing an economic recession.
Страна сталкивается с экономическим спадом.
Definitions
An economic recession is a significant decline in economic activity across the economy that lasts for an extended period, typically visible in real GDP, income, employment, manufacturing, and retail sales. It is often characterized by a decrease in consumer spending, business investment, and overall economic output.