Downturn

English vocabulary and translations (See all)

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Definition

an (economic) downturn: an (economic) crash, decrease, fall
noun
There has been a serious downturn in our profits these last months. This time last year we were selling 50,000 units a month and this month we have sold 20,000.

Examples

  • "A lot of this is due to anxiety over the downturn in the economy and its effect on consumer spending."
  • "It could be that the economic downturn in this country is finally having an effect on Warbuckle's Department Stores."
  • "With this in mind, despite the current economic downturn, I'm optimistic that this coming year will be good for us."
  • "Still, with the recent economic downturn following the collapse of numerous dot coms and start-ups in Silicon Valley, San Francisco has had to look elsewhere for a boost."
  • "Brian : It's a temporary downturn in economic activity, usually indicated by two consecutive quarters of a falling GDP."
  • "Your role is critical in maintaining our strong sales numbers despite the economic downturn."

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