What do downturn mean?

What do downturn mean?

What do downturn mean?

a downward turn
Definition of downturn : a downward turn especially toward a decline in business and economic activity.

What is another word for downturn?

In this page you can discover 24 synonyms, antonyms, idiomatic expressions, and related words for downturn, like: downswing, , dive, skid, slide, downtrend, drop-off, nosedive, recession, downslide and slump.

What is the opposite of downturn?

Antonyms & Near Antonyms for downturn. advancement, development, evolution, growth.

How do you use downturn?

a worsening of business or economic activity.

  1. There was a downturn in interest rates this week.
  2. The building industry is experiencing a severe downturn in its workload.
  3. The latest downturn in sales shows just what a fickle business this is.
  4. Trading has been adversely affected by the downturn in consumer spending.

What is a downturn in business?

An economic downturn is a general slowdown in economic activity over a sustained period of time. It can happen in a specific region (e.g. the Asian financial crisis in the late 1990s) or on a global scale (e.g. the global financial crisis in the late 2000s).

What is a downturn in the economy?

What is the meaning of diminishment?

transitive verb. 1 : to make less or cause to appear less diminish an army’s strength His role in the company was diminished. 2 : to lessen the authority, dignity, or reputation of : belittle diminish a rival’s accomplishments.

How close are We to a recession 2022?

‘Live with less:’ NC economist says 50-50 chance of recession in 2022.

What is the word for economic downturn?

A recession is a period of declining economic performance across an entire economy that lasts for several months.

What’s another word for economic downturn?

What is another word for economic downturn?

negative growth economic decline
recession depression
shakeout drop
downturn bottom-out
bad times credit squeeze