W-shaped recession
English
Noun
W-shaped
recession
(
economics
,
idiomatic
)
An
economic
downturn
where
key
indicators
such as
GDP
and
employment
plummet
sharply
,
briefly
rebound
,
dip
again, and then
recover
fully
,
forming
a
W
pattern
on a
chart
.
Synonym:
W-shaped recovery