Economic recession definitions

Economic recession

A temporary slow-down in economic growth
Found on http://www.encyclo.co.uk/local/20634

---

Economic Recession

An economic recession is a significant decline in economic activity, real GPD, real income, employment, industrial production, and sales following a decline in the aggregate demand for at least two quarters.
Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction

---