经济衰退 — meaning in English: economic recession

Definition

▶ 经济衰退 jīngjì shuāituì

经济衰退是指一个国家或地区的经济活动明显下降，通常伴随着失业率上升和消费减少的现象。

Economic recession refers to a significant decline in economic activity in a country or region, typically accompanied by rising unemployment and decreased consumption.

▶ 由于经济衰退，许多企业不得不裁员。

yóuyú jīngjì shuāituì, xǔduō qǐyè bùdébù cáiyuán.

Due to the economic recession, many companies had to lay off workers.

▶ 政府采取了一系列措施来应对经济衰退。

zhèngfǔ cǎiqǔle yī xìliè cuòshī lái yìngduì jīngjì shuāituì.

The government has taken a series of measures to cope with the economic recession.

▶ 经济衰退期间，消费者的信心显著下降。

jīngjì shuāituì qījiān, xiāofèi zhě de xìnxīn xiǎnzhù xiàjiàng.

During the economic recession, consumer confidence declined significantly.