l-shaped recession

Questions

What does l-shaped recession mean?

A severe economic downturn followed by little to no recovery, where output drops sharply and then remains flat at low levels for an extended period.

How to pronounce l-shaped recession

1. Open the pronunciation page — Open the Speakur entry for “l-shaped recession”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “l-shaped recession”.
4. Repeat and practice — Say “l-shaped recession” aloud, matching stress and vowels until it feels natural.