/adj. “Recessed” describes a relatively mild condition of discontent, ennui or disillusion triggered by job loss, portfolio plundering, or home value decline.
Not as serious as the experience of being depressed, feeling recessed can still suck pretty badly, and often requires bailouts in the form of small monetary floaters from friends and family, as well as a stiff drink or two. Reports of this condition have been on the rise since fall, 2008.
Ex: “I’m hitting Joe’s Pub tonight because I’ve been feeling a little recessed lately.”