What does downturn mean?

Definitions for downturn
ˈdaʊnˌtɜrndown·turn

This dictionary definitions page includes all the possible meanings, example usage and translations of the word downturn.

Princeton's WordNet

  1. downturn, downswingnoun

    a worsening of business or economic activity

    "the market took a downturn"

Wiktionary

  1. downturnnoun

    A downward trend, or the beginnings of one; a decline.

    The downturn in the economy made it harder to find jobs.

Wikipedia

  1. downturn

    In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock, the bursting of an economic bubble, or a large-scale anthropogenic or natural disaster (e.g. a pandemic). In the United States, a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales." The European Union has adopted a similar definition. In the United Kingdom, a recession is defined as negative economic growth for two consecutive quarters.Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply and decreasing interest rates or increasing government spending and decreasing taxation.

ChatGPT

  1. downturn

    A downturn is a decline or decrease in economic, business, or industrial activity, often marked by significant decrease in sales, production, investment, employment rate or other economic indices. It is usually regarded as a part of the overall business cycle or economic cycle.

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Anagrams for downturn »

  1. turndown

  2. turn down

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Numerology

  1. Chaldean Numerology

    The numerical value of downturn in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of downturn in Pythagorean Numerology is: 3

Examples of downturn in a Sentence

  1. George Raitu:

    Millions of people are staring at a wall of expiring support programs, such as the pandemic unemployment insurance and eviction protection, which dampen the brightness of the incoming holiday season, while we see a light at the end of the pandemic tunnel with upcoming vaccines, there is still a big question around whether Congress can come to terms on a new stimulus package to help the country recover from the current economic downturn.

  2. Angel Gurria:

    A trade war, especially at this point in time, where the world economy is going through a historical downturn, would hurt the economy, jobs and confidence even further, a multilateral solution... is clearly the best way forward.

  3. Chris Williamson:

    The U.S. manufacturing sector has seen a distinct loss of growth momentum in recent months, endured the worst performance for two years during the third quarter, headwinds include the rising dollar, weak demand in global markets, a downturn in business investment and financial market jitters.

  4. Abhishek Rimal:

    Millions of people are struggling to meet their daily needs, there is a huge workforce in Southeast Asia that depends on daily wages, and they are being affected because of this economic downturn.

  5. Greg Conrad:

    This is the first time we've see this: a downturn in the coal industry raising questions about self bonds.

Popularity rank by frequency of use

downturn#10000#28176#100000

Translations for downturn

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"downturn." Definitions.net. STANDS4 LLC, 2024. Web. 29 Feb. 2024. <https://www.definitions.net/definition/downturn>.

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    an exorbitant or unlawful rate of interest
    • A. conveyance
    • B. hypernym
    • C. dint
    • D. vigorish

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