Definition
an (economic) downturn: an (economic) crash, decrease, fall
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.
- "Brian : It's a temporary downturn in economic activity, usually indicated by two consecutive quarters of a falling GDP."
- "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."
- "It could be that the economic downturn in this country is finally having an effect on Warbuckle's Department Stores."
- "Your role is critical in maintaining our strong sales numbers despite the economic downturn."
- "A lot of this is due to anxiety over the downturn in the economy and its effect on consumer spending."
- "With this in mind, despite the current economic downturn, I'm optimistic that this coming year will be good for us."
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