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.

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downturn British  

/ ˈdaʊnˌtɜːn /

noun

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

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Etymology

Origin of downturn

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

Example Sentences

At the same time, the 77-year-old has lived through many downturns and said he isn’t too worried about this one.

From The Wall Street Journal

The company this year is expected to benefit from sustained AI demand, a recovery in mainstream packaging after a two-year downturn, and continued growth in advanced chip bonding, Hesselink says.

From The Wall Street Journal

But the industry has a long history of brutal cycles, where downturns in pricing can often take producers into the red and sink their stock prices.

From The Wall Street Journal

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

Related Words

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