Economic recovery refers to the process through which an economy rebounds after a period of decline, such as a recession. During this time, key indicators like GDP (Gross Domestic Product), employment rates, and consumer spending begin to improve, signaling a return to growth. This recovery can be influenced by various factors, including government policies, interest rates, and global market conditions. As businesses regain confidence and consumers start spending again, the overall economic environment stabilizes, leading to increased investment and job creation.