concept   recession
culture   United States
statement   A recession in the United States results in decreased consumer spending, job insecurity, and an economic downturn.
5 similar statements
# Concept Culture Statement Freq.
1 recession United States A recession is typically viewed as a period of economic downturn, characterized by decreased consumer spending, layoffs, and reduced business activity. 1
2 recession United States Causes concern about job security and personal finances 1
3 recession United States Causes concerns about job losses, economic downturn, and decreasing consumer spending. 1
4 recession United States Economic downturn affecting employment and business activities, leading to negative GDP growth. 1
5 recession United States During a recession, there is a decrease in consumer spending, investment, and employment, leading to overall economic contraction. 1