在之前的低迷时期，实际利率只有在衰退结束时或者衰退结束之后才为负数。
In previous downturns, real rates turned negative only at or after the end of the recession.
在经济低迷时期，对于如何改变公司的方向，从衰退中恢复过来，加迪斯产生了一个想法。
During an economic downturn, Gaddis developed an idea on how to change the company's direction to recover from the slump.
由于低迷的就业市场，在经济衰退时期，这些学院的入学申请急剧增加。
Thanks to a dismal job market, applications to such institutions surged during the recession.
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