downturn Definition
a decline or reduction in economic, business, or other activity.
Using downturn: Examples
Take a moment to familiarize yourself with how "downturn" can be used in various situations through the following examples!
Example
The company is struggling to survive the current downturn in the economy.
Example
The housing market has experienced a significant downturn in recent years.
Example
The pandemic caused a sharp downturn in global tourism.
Example
The stock market suffered a downturn due to the political uncertainty.
downturn Synonyms and Antonyms
Phrases with downturn
a period of negative economic growth, typically characterized by a decline in GDP and rising unemployment rates
Example
The country is experiencing an economic downturn due to the ongoing trade war.
Example
Investors are bracing for a market downturn as the pandemic continues to spread.
business downturn
a period of reduced business activity, often resulting in lower sales and profits
Example
The restaurant industry has been hit hard by the business downturn caused by the pandemic.
Summary: downturn in Brief
The term 'downturn' [ˈdaʊntɜːn] refers to a decline or reduction in economic, business, or other activity. It is often used to describe periods of negative economic growth, such as a recession or slump. Examples include 'The company is struggling to survive the current downturn in the economy.' and 'The pandemic caused a sharp downturn in global tourism.' Phrases like 'economic downturn' and 'business downturn' specify the context of the decline.
