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.

Matched Categories

Anagrams for downturn »

  1. turndown

  2. turn down

How to pronounce downturn?

How to say downturn in sign language?

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. Irwin Federman:

    I derive enormous satisfaction from being associated with determined and capable people. People who have a passion for building a company. Many of today's entrepreneurs persevered throughout the downturn; they refused to be beaten down. That's about more than venture capital—it gives one faith in the human condition.

  2. Tom Lawler:

    It could potentially be an issue in the next downturn.

  3. Priya Raghubir:

    The difference with this inflationary cycle is that we are coming out of a recession. People have a lot of repressed needs. They've been dreaming of a vacation for over two years, celebrating life events with family and friends, there won't be such a downturn in travel and leisure.

  4. Josh Pate:

    Even the downturn happening now is fodder for future seasons.

  5. Wang Xuhong:

    If we can make it, Zoomlion could be five or six times as big in the future and won't be so vulnerable to a downturn in any particular sector.

Popularity rank by frequency of use

downturn#10000#28176#100000

Translations for downturn

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"downturn." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/downturn>.

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