A "recessionary economy" refers to a period of time when an economy is experiencing a decline or slowdown in economic growth. It often includes a decrease in various economic indicators such as employment, production, and spending. Full definition
Many people estimate that the actual threshold for poverty is far higher than this income line used by the Census Bureau, and poverty is on the rise in the present recessionary economy. (religion-online.org)
If you are part of the privileged few individuals with excess funds during recessionary economy, this is actually a good time to buy your home. (myfinancekits.com)
Conversely, a weak or recessionary economy will depress industrial demand and pressure the price. (hardassetsalliance.com)