The European economy has gone into what looks increasingly like a prolonged structural recession.
What we have in front of us is a prolonged recession.
Economists worry that even higher rates would make a prolonged recession much more likely than at present.
At the time of this writing, the United States economy is in a deep and prolonged recession.
The country was experiencing a prolonged recession in the second half of 1983.
Is he worried that it has taken such a deep and prolonged recession to reduce inflation to its current level?
However, we too have felt the effects of a prolonged recession; and I don't need to tell you that costs continue to rise.
Get ready for post-peak oil economy and prolonged deep recession.
But he said the need to improve efficiency and the prolonged recession were factors as well.
And it is paying off even during Japan's prolonged recession.