The best replacement for recession is inflation.

The best alternatives to recession are rated as following:
★★★★★  inflation
★★★★  depression
★★  recovery
★★  great depression
★  expansion
★  boom
★  recessional
★  deflation
★  depression 2008
★  depression 2012
★  recovery 2013
  depression definition
  depression 2009
  contraction
  resection
  stagflation
  obama recession
  recovery 60 minutes
  gold price
  economic depression
  no recession
  interest rates
  tal
  1981

Your alternative for recession is not listed? Suggest!
Speaking about recession, one probably shouldn't forget about inflation.

Other search terms related to recession and their ratings are:
★★★★★ inflation
★★ high inflation
★ inverted yield curve
★ deflation
veneers
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Google Trends

Scale is based on the average worldwide traffic of recession in all years. Click on graph for more.
recession
inflation
depression