Decrease and Recession

noun

• A change downward.
  • usage: "there was a decrease in his temperature as the fever subsided"; "there was a sharp drop-off in sales"
  • synonyms: lessening, drop-off
• A process of becoming smaller or shorter.
  • synonyms: decrement
• The amount by which something decreases.
  • synonyms: decrement
• The act of decreasing or reducing something.
  • synonyms: diminution, reduction, step-down

verb

• Decrease in size, extent, or range.
  • usage: "The amount of homework decreased towards the end of the semester"; "The cabin pressure fell dramatically"; "her weight fell to under a hundred pounds"; "his voice fell to a whisper"
  • synonyms: diminish, lessen, fall
• Make smaller.
  • usage: "He decreased his staff"
  • synonyms: lessen, minify

• (v.t.) To cause to grow less; to diminish gradually; as, extravagance decreases one's means.
• (v.) A becoming less; gradual diminution; decay; as, a decrease of revenue or of strength.
• (n.) To grow less, -- opposed to increase; to be diminished gradually, in size, degree, number, duration, etc. or in strength, quality or excellence; as, they days decrease in length from June to December.
• (v.) The wane of the moon.

noun

• The state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year.
• A small concavity.
  • synonyms: recess, niche, corner
• The withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service.
  • synonyms: recessional
• The act of ceding back.
  • synonyms: ceding back
• The act of becoming more distant.
  • synonyms: receding

• (n.) The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.
• (n.) The act of receding or withdrawing, as from a place, a claim or a demand.

Broadly defined, a' Recession' is a downturn in a nation's economic activity. If national productivity, or gross domestic product (GDP), declines for at least two consecutive quarters, it is usually considered a recession. The consequences typically include increased unemployment, decreased consumer and business spending, and declining stock prices.