The phrase "last recession" refers to the most recent period of economic decline or downturn in the economy.
Sentences with «last recession»
GE had run into rough weather in last recession of 2008 due to its financial division but it is on mend and on its path of becoming a stable company. (passiveincomemavericks.com)
Btw the main reason Noe took a bigger hit than the mission last recession is becuase flippers were all doing high end renovations in Noe. (biggerpockets.com)