Macroeconomics

Hard Landing

Definition

What is Hard Landing?

A sharp economic slowdown or recessionA broad and material decline in economic activity lasting more than a brief period. following efforts to restrain inflationA sustained increase in the general price level, reducing the purchasing power of money. or excess demand.

Example in practice

How This Looks in Practice

Defaults rise as the economy enters a hard landing.

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Related Terms

Macroeconomics

Gross Domestic Product

The total market value of final goods and services produced within a country during a period.

Macroeconomics

Real GDP

Gross domestic product adjusted for changes in prices.

Macroeconomics

Nominal GDP

Gross domestic product measured at current prices without adjusting for inflation.

Market Sentiment

Risk-On Market

A market environment in which investors favour higher-risk assets.

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