double-dip recession
noun/ˌdʌbl dɪp rɪˈseʃn/
/ˌdʌbl dɪp rɪˈseʃn/
(also double-dip)
- a recession (= difficult time for the economy of a country) during which a period of economic decline is followed by a brief period of economic growth, before the economy starts to decline again
- The country has now officially entered a double-dip recession.
- The US managed to avoid a double-dip recession.
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double-dip recession