growth recession

Growth recession

A growth recession is a prolonged period (more than one quarter) of significantly below trend real GDP growth. For the U.S., this would be growth in the 0-2 percent range. While an official recession usually has two quarters of negative real GDP growth, this is not required in a growth recession.

Growth Recession

An economy in which GDP growth is occurring but unemployment is high. A growth recession can be politically complicated, as politicians either must convince the majority of people that things are going well or a minority that things are going poorly. See also: Jobless recovery.

growth recession

An economy in which the output of goods and services slowly expands but unemployment remains high or grows.

单词	growth recession
释义	growth recession Growth recession A growth recession is a prolonged period (more than one quarter) of significantly below trend real GDP growth. For the U.S., this would be growth in the 0-2 percent range. While an official recession usually has two quarters of negative real GDP growth, this is not required in a growth recession. Growth Recession An economy in which GDP growth is occurring but unemployment is high. A growth recession can be politically complicated, as politicians either must convince the majority of people that things are going well or a minority that things are going poorly. See also: Jobless recovery. growth recession An economy in which the output of goods and services slowly expands but unemployment remains high or grows.
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