A recession is when the economy is not doing well. It happens when businesses are struggling and people are losing their jobs. During a recession, the value of money may decrease and it can be harder to find work or afford things. Full definition
However, the recent studies of some of the Himalayan glaciers indicate that the rate of recession of most of the glaciers in general is on decline. (link.springer.com)
Since the Great Recession in 2009, companies have been able to put the effects of the economic decline behind them. (voiceofreasonconsulting.com)
The probability of recession in next 12 months remains low at and a half percent. (nbr.com)