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Concept information

Preferred term

Economic Recession  

Type

  • Topical Descriptor

Broader concept

Entry terms

  • Recession, Economic

Scope note

  • Significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real gross domestic product, real income, employment, industrial production, and wholesale-retail sales. (National Bureau of Economic Research, Inc, www.nber.org/cycles.html, accessed 4/23/2009)

History note

  • 2010; use ECONOMICS 1990-2009

In other languages

URI

http://www.yso.fi/onto/mesh/D057172

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