Recessionary: meaning, definitions and examples

economic downturn

Recessionary refers to a period or condition characterized by a decline in economic activity, typically identified by a fall in GDP, employment, and consumer spending. Such periods often result in higher unemployment rates and lower levels of investment and consumption. This term is used to describe policies or practices that occur during a recession or its impacts on various sectors. It indicates an overall stagnation in economic growth and a potential for worsening financial conditions if the recession persists.

declining, depressed, economic downturn

Examples of usage

• The recessionary environment has led to job losses across many industries.

• Governments often implement recessionary measures to stimulate economic growth.

• During recessionary times, consumer confidence tends to decrease significantly.