释义 |
prerecession in British English (ˌpriːrɪˈsɛʃən) adjectiveof the period before a recession Examples of 'prerecession' in a sentenceprerecession Output is now not far below prerecession levels.It added that sales were 'comfortably exceeding prerecession levels'.Global trade has recovered too - it is almost back to its prerecession peak.Yet the steel price remains depressed, 30% below its prerecession high.In both sectors, a number of key measures are lower than their prerecession levels in 2007.Retail sales have grown, with volumes 1.4% up on their prerecession peak in the first quarter of 2008.Much of that reflects weak service sector productivity, down 6.9% on prerecession levels, while manufacturing productivity is just 0.8% lower.At its worst, employment dropped by 2.8% from prerecession levels, and since then there has been a 1% rise.House prices have risen by more than 50 per cent since their prerecession peak in 2007. |