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

Economists warn a zero percent inflation target risks deflation, reduces monetary policy flexibility, and could lead to economic downturns.

From Barron's

The economy’s momentum could help insulate it from a downturn, Schmid argued.

From The Wall Street Journal

“If tensions in Iran become prolonged, there will be growing fears of both domestic inflationary pressures and a potential economic downturn.”

From The Wall Street Journal

Multiple countries, including U.S. allies, are reeling from the downturn in energy supply that once flowed freely through the chokepoint.

From The Wall Street Journal

A nationwide downturn in U.S. film and TV production caused a 30% employment drop from late-2022, as studios seek overseas tax breaks and streaming services cut spending.

From The Wall Street Journal

Related Words

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