procession the group action of a collection of people or animals or vehicles moving ahead in more or less regular formation; "processions were forbidden"
recession -
the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year
In economics, a recession is a business cycle contraction, a general slowdown in economic activity over a period of time. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes, business profits and inflation all fall during recessions; while bankruptcies and the unemployment rate rise.
