What is the verb for recession?

There isn't one single verb that perfectly captures the meaning of "recession". However, depending on the context, you can use different verbs to convey the idea:

For describing the process of a recession:

* Recedes: This verb literally means "to move back or away" and can be used to describe the economy shrinking. For example, "The economy is receding."

* Contracts: This verb implies shrinking or becoming smaller and is commonly used to describe economic decline. For example, "The economy is contracting."

* Shrinks: This is a more direct and informal way to say that the economy is getting smaller. For example, "The economy is shrinking."

* Declines: This verb is a general term for a downward trend and can be used to describe a recession. For example, "The economy is declining."

* Slumps: This verb implies a sudden and steep decline in the economy. For example, "The economy is slumping."

For describing the impact of a recession:

* Affects: This verb indicates that the recession is having an impact on something or someone. For example, "The recession is affecting businesses."

* Impacts: This verb is a more formal way to say that the recession is having an impact. For example, "The recession is impacting the job market."

* Hits: This verb implies that the recession is having a sudden and forceful impact. For example, "The recession is hitting the housing market."

The best verb to use will depend on the specific context and the nuance you want to convey.