downturn

[ doun-turn ]

noun

1. an act or instance of turning down or the state of being turned down:

   the downturn of a lower lip in a permanent pout.

2. a turn or trend downward; decrease or decline:

   The new year brought a downturn in the cost of living.

downturn

/ ˈdaʊnˌtɜːn /

noun

1. a drop or reduction in the success of a business or economy

Word History and Origins

Origin of downturn¹

First recorded in 1925–30; noun use of verb phrase turn down

Example Sentences

It is understood that there is no cause for alarm and no downturn in her condition.

From BBC

He added that the downturn in consumer spending and the scandal involving Prophecy could not have been foreseen, but that B. Riley is in “far better shape than folks give us credit for.”

From Los Angeles Times

“The U.S. agriculture sector is going through a significant economic downturn,” ASA Chief Economist Scott Gerlt said in a written statement.

From Salon

The chancellor's new debt rule allows more room to manoeuvre but most of that money has already been used up, which means that even a small economic downturn could force the government to increase taxes further in the future, the think tank said.

From BBC

Many have been struggling with power shortages since around the start of the Covid-19 pandemic, which coincided with a sharp economic downturn on the island.

From BBC

Related Words

• decline
• deterioration
• dip
• plunge
• slide
• slump