downturn

American  

[doun-turn] / ˈdaʊnˌtɜrn /

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.

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downturn British  

/ ˈdaʊnˌtɜːn /

noun

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

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Etymology

Origin of downturn

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

Example Sentences

“But they haven’t had to manage through a downturn, and that kind of experience tests a firm.”

From The Wall Street Journal

Michael Dimler, senior vice president of private corporate credit at Morningstar DBRS, attributed the stress to a normal credit downturn where performance of loans weakens while newer investors seek to get their money back.

From The Wall Street Journal

Economists warn a zero percent inflation target risks deflation, reduces monetary policy flexibility, and could lead to economic downturns.

From Barron's

The economy’s momentum could help insulate it from a downturn, Schmid argued.

From The Wall Street Journal

“If tensions in Iran become prolonged, there will be growing fears of both domestic inflationary pressures and a potential economic downturn.”

From The Wall Street Journal

Related Words

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