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recessionary

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Definitions of recessionary in various dictionaries:

adj - of or pertaining to a recession

RECESSIONARY - The GDP gap or the output gap is the difference between actual GDP or actual output and potential GDP. The calculation for the output gap is Y–Y* w...

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Possible Dictionary Clues
Of or relating to a recession.
In economics, a brecessionb is a business cycle contraction. It is a general slowdown in economic activity. Macroeconomic indicators such as GDP (gross domestic product), investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise.
of or pertaining to a recession
relating to a period, usually at least six months, of low economic activity, when investments lose value, businesses fail, and people lose their jobs:

Recessionary might refer to
The GDP gap or the Output gap is the difference between actual GDP or actual output and potential GDP. The calculation for the output gap is Y–Y* where Y is potential output and Y* is actual output. If this calculation yields a positive number it is called an inflationary gap and indicates the growth of aggregate demand is outpacing the growth of aggregate supply—possibly creating inflation; if the calculation yields a negative number it is called a recessionary gap—possibly signifying deflation.The percentage GDP gap is the actual GDP minus the potential GDP divided by the potential GDP.* * * * * * ( * G * D * * P * * a * c * t * u * a * l * * * − * G * D * * P * * p * o * t * e * n * t * i * a * l * * * ) * * * * G * D * * P * * p * o * t * e * n * t * i * a * l * * * * * * {\displaystyle {(GDP_{actual}-GDP_{potential})} \over {GDP_{potential}}} * . * February 2013 data from the Congressional Budget Office showed that the United States had a projected output gap for 2013 of roughly $1 trillion, or nearly 6% of potential GDP.

Recessionary might refer to

The GDP gap or the Output gap is the difference between actual GDP or actual output and potential GDP. The calculation for the output gap is Y–Y* where Y is potential output and Y* is actual output. If this calculation yields a positive number it is called an inflationary gap and indicates the growth of aggregate demand is outpacing the growth of aggregate supply—possibly creating inflation; if the calculation yields a negative number it is called a recessionary gap—possibly signifying deflation.The percentage GDP gap is the actual GDP minus the potential GDP divided by the potential GDP.*
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* {\displaystyle {(GDP_{actual}-GDP_{potential})} \over {GDP_{potential}}}
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* February 2013 data from the Congressional Budget Office showed that the United States had a projected output gap for 2013 of roughly $1 trillion, or nearly 6% of potential GDP.

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