The phrase "a sharp recession in" is correct and usable in written English.
It can be used when discussing economic downturns or declines in specific sectors or markets.
Example: "The country is facing a sharp recession in the manufacturing sector, leading to significant job losses."
Alternatives: "a severe downturn in" or "a significant decline in".
BELGIUM After a sharp recession in the early 1990s, Belgium's recovery now appears to be safely under way, according to the latest country report by the OECD.
The turmoil of the 20th century, the years of stagnation that followed German reunification and then a sharp recession in 2009 have taught Mittelstand companies to be prepared for the worst.
THE public finances and inflation are well under control, the current-account deficit is less than 2% of GDP and, after a sharp recession in 1999, the economy is growing steadily again.
This reduces the overall level of consumption with further negative consequences for overall output.The result was a rollercoaster ride: a sharp recession in the early 1980s, followed by a recovery when some of the reforms were reversed in the 1981 budget.
Although Athens has clinched a new €86bn (£60bailoutlout package, Moody's has forecast a "sharp recession" in Greece, as "capital controls, heightened risk of exit from the euro area in June and July and now lack of visibility about the policy and economic environment put spending on hold".
While economists are predicting a sharp recession in countries like Spain, Hennequin is sanguine.
This combination of fiscal and monetary tightening – which conservatives advocate today – brought on a sharp recession beginning in May 1937 and ending in June 1938, according to the National Bureau of Economic Research.
Russia's economy has returned to growth after a sharp recession, thanks in large part to an increase in the price of the country's main export, crude oil.
The test imagined that banks had to absorb a sharp recession and surge in unemployment, which implied banking losses that were twice as high as in 2009, the height of the financial crisis, he said.
But if a sharp recession ensues, then confidence in the telecom sector won't return anytime soon.
"There will be a short, sharp recession in early to middle of next year, which is more like falling on your face after fasting too vigorously, and then the economy is going to grow," he said.
