downturn

American  

[doun-turn] / ˈdaʊnˌtɜrn /

noun

1. an act or instance of turning down or the state of being turned down.

   the downturn of a lower lip in a permanent pout.

2. a turn or trend downward; decrease or decline.

   The new year brought a downturn in the cost of living.

---

downturn British  

/ ˈdaʊnˌtɜːn /

noun

1. a drop or reduction in the success of a business or economy

---

Etymology

Origin of downturn

First recorded in 1925–30; noun use of verb phrase turn down

Example Sentences

Historically, emerging markets have reacted more harshly to U.S. downturns than developed ones, but the risks may not be as great today.

From Barron's

“The return that we earn … is because we are taking a risk, and that risk is the risk of uncertainty, the risk of a downturn. So these downturns are just part of the investment journey.”

From MarketWatch

Buffer ETFs—exchange-traded funds that protect investor returns from market downturns while capping the upside—have drawn in tens of billions of dollars in recent years from baby boomers and near-retirees.

From The Wall Street Journal

Rosenberg said one reason could be that the employment downturn has been hitting white-collar workers who get pay packets as they leave.

From MarketWatch

The condo market is experiencing a downturn not seen since the 1980s, with thousands of move-in-ready units sitting empty and unsold across Toronto and its surrounding regions.

From BBC

Related Words

• decline
• deterioration
• dip
• plunge
• slide
• slump