W-Shaped Recovery
A "W-Shaped Recovery" refers to an economic pattern where the economy experiences a decline, followed by a brief recovery, and then another downturn before finally stabilizing and growing again. This shape resembles the letter "W" on a graph, indicating that the economy dips twice before achieving a sustained recovery.
This type of recovery can occur due to various factors, such as market fluctuations, government policies, or external shocks like a pandemic. Understanding this pattern helps economists and policymakers anticipate potential challenges and implement strategies to support a more stable economic environment.