"Subsequent recession" refers to a downturn or decline in economic activity that occurs after a previous recession or economic slowdown. It means that the economy experienced another period of negative growth and struggled in recovering from a previous economic decline.
Full definition
Synonyms for individual words can be found below.
«subsequent»
«recession»
Sentences with «subsequent recession»
- McDonald's stock fared well throughout the next 20 years, rising almost constantly up until the stock market crash and subsequent recession of the early 1990's. (markets.businessinsider.com)
- Plus, the oil price crash and subsequent recession in Alberta drove customers to discount competitors. (canadianbusiness.com)
- The 2008 mortgage crisis and subsequent recession spelled disaster for the Belizean economy. (anywhere.com)
- (see all
sentences)