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English definition of “depressed”

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depressed

adjective
 
 
/dɪˈprest/ ECONOMICS
used to describe a situation in which there is less manufacturing or business activity than usual, fewer jobs, etc.: The depressed state of the aerospace market made acquisitions difficult. Banks took action yesterday to try to boost the depressed economy.
below the amount or level that is usual: Anyone who did buy at the depressed 1987 prices has since been able to reap rich rewards as shares have hit new highs. Sales remained depressed as a result of consumers' reluctance to spend on home improvements.
(Definition of depressed from the Cambridge Business English Dictionary © Cambridge University Press)
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