----------------- HES POSTING ----------------- I do not know any sources before 1910, but they would be worth pointing out to the Oxford English Dictionary, as their earliest entry is dated 1929. Here it is: 1929 Economist 2 Nov. 806/1 The material prosperity of the United States is too firmly based, in our opinion, for a revival in industrial activity even if we have to face an immediate recession of some magnitude to be long delayed. 1930 Engineering 3 Jan. 21/2 The paramount problem is now whether this recession is yet at an end. 1938 E. AMBLER Cause for Alarm i. 16 'Trade recession' they called it... As far as I could see there wasn't a great deal of difference between a trade recession and a good old- fashioned slump. 1958 Spectator 30 May 676/2 This is partly due to the continued inability of the United States to pull itself out of recession. 1976 F. ZWEIG New Acquisitive Society II. iii. 99 The private sector, particularly in the throes of recession, is limited in its ability to pay by the discipline of the market system. 1981 Times 11 Mar. 19/4 The economy is now in deep recession. Daniele Besomi ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]