recessionary

[ri-sesh-uh-ner-ee]
adjective
of, pertaining to, or causing recession, especially economic recession: recessionary market pressures.

Origin:
1955–60; recession + -ary

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World English Dictionary
recessionary (rɪˈsɛʃənərɪ)
 
adj
of, caused by, or undergoing economic recession

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
What's really adding fuel to the fire this year is the recessionary climate.
In this recessionary economy, everyone's watching their dollars.
It's an appealing business model, particularly in recessionary times.
They will be products that will increase industrial efficiency and that will
  pay for themselves even in a recessionary era.
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