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.
- There was a downturn in interest rates this week.
- The building industry is experiencing a severe downturn in its workload.
- The latest downturn in sales shows just what a fickle business this is.
- 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 |