X-shaped recovery
- n.An economic recovery that, when graphed, assumes the shape of a letter of the alphabet (e.g., L-shaped, U-shaped, or V-shaped).Example Citation:"The U.S. Federal Reserve Board's decision Wednesday to cut interest rates appears to signify the Fed's determination to avoid, by all means, what U.S. economists call the 'L-shaped' economic pattern, in which the economy hits a bottom followed by a protracted period of lateral movement along the trough. ... As to the U.S. economic outlook, business circles in that country have given up on the prospect of a 'V-shaped' recovery, in which the economy rebounds quickly from a slowdown. Business leaders have even grown uncertain about the possibility of a 'U-shaped' recovery, in which the economy recovers after a certain period of adjustment."— "Fed cut slashes at Japan's economy," The Daily Yomiuri, April 20, 2001Earliest Citation:The prevailing view is still for a U-shaped recovery.— William B. Franklin, "Economists sketch the recovery's odd shapes," Business Week, July 14, 1975Notes:Viewing economic output as the shape of a letter is nothing new. In fact, the use of U-shaped and V-shaped go back to at least the economic slowdown of the mid-70s. Unsurprisingly, however, these terms have made a big comeback in recent months as business pundits and analysts have tried to discern the looming shape of the current downturn. Given that the present woes have been caused to a certain degree by the bursting of the technology bubble, perhaps the current economic period will prove to be "e-shaped."Related Words: Category:
New words. 2013.
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U-Shaped Recovery — A type of economic recession and recovery that resembles a U shape in charting. Specifically, a U shaped recovery represents the shape of the chart of certain economic measures, such as employment, GDP and industrial output. A U shaped recovery… … Investment dictionary
W-Shaped Recovery — An economic cycle of recession and recovery that resembles a W in charting. A W shaped recovery represents the shape of the chart of certain economic measures such as employment, GDP, industrial output, etc. A W shaped recovery involves a sharp… … Investment dictionary
L-Shaped Recovery — A type of economic recession and recovery that resembles an L shape in charting. An L shaped recovery represents the shape of the chart of certain economic measures, such as employment, GDP and industrial output. An L shaped recovery involves a… … Investment dictionary
V-Shaped Recovery — A type of economic recession and recovery that resembles a V shape in charting. Specifically, a V shaped recovery represents the shape of the chart of certain economic measures, such as employment, GDP and industrial output. A V shaped recovery… … Investment dictionary
LUV recovery — n. A global economic recovery characterized by a mixture of slow, moderate, and rapid growth rates. Also: LUV shaped recovery. Example Citations: Famed New York based economic bear Nouriel Roubini called it a LUV recovery. The euro zone economies … New words
job-loss recovery — n. A form of economic growth in which the total number of jobs in the economy decreases. Also: job loss recovery. Example Citations: Even the U.S. s impressive productivity gains have a bit of tarnish. Productivity is usually measured as output… … New words
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Rescue and recovery effort after the September 11 attacks — The area surrounding the World Trade Center became the site of the greatest number of casualties and missing, due to a single incident, in the history of the United States. This region became known in the ensuing days as ground zero .Building… … Wikipedia
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