bad, deep, major, serious, severe, sharp, steep

It was the worst recession since the war.

mild, shallow
double-dip (= a second decrease after a period of improvement) (esp. AmE)

The US managed to avoid a double-dip recession.

long, prolonged
short, short-lived
impending, looming
global, international, national, world, worldwide
economic, industrial
cause, induce, trigger
enter, go into, move into
fall into, plunge (sth) into, push sth into, sink into, slide into, slip into, throw sth into, tip (sth) into

A rise in interest rates plunged Britain deeper into recession.

experience, suffer, suffer from

Germany was suffering a steep recession.

deepen, prolong

These reforms will only deepen the recession.

combat, fight
avoid, beat, prevent
climb out of, come out of, emerge from, get (sth) out of, lead sth out of, move out of, pull (sth) out of

active policies to pull the country out of recession

escape, escape from
ride out, survive, weather

As dozens of companies go out of business, others are riding out the recession.

begin, start

With a recession looming, consumers are spending less.

hit sth

The country has been hit by recession.

bottom out
in (a/the) recession

The economy is in deep recession.

the depth of the recession
the effects of the recession, the impact of the recession
in the depths of a recession, in times of recession
recovery from (the) recession, a way out of the recession

Collocations dictionary. 2013.

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  • Recession — Re*ces sion, n. [Pref. re + cession.] The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign. [1913 Webster] …   The Collaborative International Dictionary of English

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