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Explanation:

recession

[rəˈseSH(ə)n]

NOUN

a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

synonyms:

economic decline · downturn · depression · slump · slowdown · trough · credit crunch · credit squeeze · stagnation · stagflation · hard times · bust

astronomy

the action of receding; motion away from an observer.