The recession has reduced the number of people relocating to other cities and many have postponed plans to move to upgraded dwellings.
Recession Reciprocity a practice, which may be illegal under the Trade Practices Act, in which a firm gives purchasing preference to a firm to which it sells. See Reverse Reciprocity.
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During a recession, unemployment tends to rise, causing consumers to spend less. This may result in a 'bad circle,' with more people losing their jobs due to lowered demands.
An economy which is in a recession is characterised by high unemployment, and low confidence. Because of high unemployment spending is low, confidence about job security is also low.
historical patterns of prevailing economic conditions - prosperity, recession, depression and recovery
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Business Cycles - historical patterns of prevailing economic conditions - prosperity, recession, depression and recovery.
In the unscientific spirit that makes the Uchitelle article so fun -- and I really love the part about how "Say's Law" was never written, spoken, or fully endorsed by Say himself -- I hereby declare that it's over. The recession, I mean.
macroeconomic conditions - Factors that influence the state of the overall economy such as changes in gross national product, interest rates, inflation, recession, and employment levels.
Such situations are a main reason an economy will contract or see customer spending decrease. If severe this can lead to marketers seeing a major reduction in sales which may indicate the presence of an economic recession (i.e., economic decline).
 See also: Service, Strategy, Consumer, Services, Customer
  
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