What is a period of recovery from a recession?

A period of recovery from a recession is the phase in which an economy begins to bounce back after experiencing a downturn. During this time, key indicators such as GDP, employment rates, and consumer confidence typically improve, signaling a return to growth. Recovery may involve the stabilization of markets, increased investment, and rising consumer spending, but the pace and sustainability can vary widely based on economic conditions and external factors. This phase is crucial for rebuilding economic momentum and addressing any lingering issues from the recession.