recession

/ˌriˈsɛʃən/

the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year

中文释义：经济衰退；萧条

Many businesses closed down during the severe economic recession.

许多企业在严重的经济衰退期间倒闭了。

The government implemented measures to pull the country out of recession.

政府实施措施使国家摆脱衰退。