Yes, but not always. A depression will always be preceded by a recession, but not all recessions lead to depressions.
An economic depression refers to "a severe, sustained period of economic weakness," according to the National Bureau of Economic Research, the nonprofit think tank whose Business Cycle Dating Committee is the recession scorekeeper.
There are no set benchmarks that define when a recession becomes a depression, but a depression clearly has a more significant, longer-lasting impact. Changes in monetary policy have so far allowed the government to stave off another depression.