Frequency rank: 31,637. – 31,911.
Alsoふきょう
- depression; recession; slumpsee also 好況
noun (common) (futsuumeishi); adjectival nouns or quasi-adjectives (keiyodoshi); nouns which may take the genitive case particle 'no'
Generated: This term refers to a significant decline in economic activity across the economy, lasting longer than just a few months, and can be characterized by falling GDP, rising unemployment, and decreased consumer spending.