DBC 2469 - W-Shaped Economy Recovery

 

The Banking Tutor

Daily Banking Concept -  2469.

W-Shaped Economy Recovery

 

A W-shaped economic recovery, also known as a "double-dip recession," occurs when an economy experiences a sharp recession, a brief period of growth, a second sharp decline, and finally a sustained recovery. When charted on a graph, these economic indicators form the letter "W".