downturn

[US]/'daʊntɜːn/
[UK]/'daʊntɝn/
Frequency: Very High

Translation

n. a decline in prices or activities.

Phrases & Collocations

economic downturn

global downturn

market downturn

financial downturn

Example Sentences

the downturn in the global economy.

a downturn in the housing market.

There was a downturn in interest rates this week.

The building industry is experiencing a severe downturn in its workload.

The 1990s witnessed a sharp downturn in the party’s fortunes.

City manager John Tierney said the plans to redevelop and regenerate the city would not be held back despite the downturn in the building sector.

The downturn is something people here read about in the newspapers, according to Dhanna Singh, a member of the Mazdoor Kisan Shakti Sangathan (MKSS), a union of activists and farmers.

Real-world Examples

It was an economic downturn that affected markets around the world.

Source: CNN 10 Student English February 2020 Compilation

There's been a downturn in economic growth.

Source: Tips for IELTS Speaking.

Well there's been a downturn in the last couple of months.

Source: BEC Preliminary Listening Test Papers (Volume 5)

So we could say there has been a downturn in economic growth, okay?

Source: Tips for IELTS Speaking.

And it leaves the Fed with far less ammunition to fight future downturns.

Source: New York Times

Her team expects a downturn, and further rate cuts, in 2020.

Source: New York Times

But he was in charge of Britain's pocketbook at the start of the recent economic downturn.

Source: PBS Interview Social Series

By the same logic, a sharp downturn can shake confidence.

Source: The Economist - International

Economists fear the U.K.'s downturn may be the deepest among the world's seven leading industrial economies.

Source: PBS English News

The three men worked during their university careers to understand how bank failures can cause economic downturns.

Source: VOA Special English: World

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