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downturn
[ doun-turn ]
noun
- an act or instance of turning down or the state of being turned down:
the downturn of a lower lip in a permanent pout.
- a turn or trend downward; decrease or decline:
The new year brought a downturn in the cost of living.
downturn
/ ˈdaʊnˌtɜːn /
noun
- a drop or reduction in the success of a business or economy
Word History and Origins
Origin of downturn1
Example Sentences
It is understood that there is no cause for alarm and no downturn in her condition.
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.”
“The U.S. agriculture sector is going through a significant economic downturn,” ASA Chief Economist Scott Gerlt said in a written statement.
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.
Over the past few years, the housing downturn, record youth unemployment and layoffs in tech and other industries have compounded economic pessimism.
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