What does downturn mean?

Definitions for downturn
ˈdaʊnˌtɜrndown·turn

This dictionary definitions page includes all the possible meanings, example usage and translations of the word downturn.

Princeton's WordNet

  1. downturn, downswingnoun

    a worsening of business or economic activity

    "the market took a downturn"

Wiktionary

  1. downturnnoun

    A downward trend, or the beginnings of one; a decline.

    The downturn in the economy made it harder to find jobs.

Wikipedia

  1. downturn

    In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock, the bursting of an economic bubble, or a large-scale anthropogenic or natural disaster (e.g. a pandemic). In the United States, a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales." The European Union has adopted a similar definition. In the United Kingdom, a recession is defined as negative economic growth for two consecutive quarters.Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply and decreasing interest rates or increasing government spending and decreasing taxation.

ChatGPT

  1. downturn

    A downturn is a decline or decrease in economic, business, or industrial activity, often marked by significant decrease in sales, production, investment, employment rate or other economic indices. It is usually regarded as a part of the overall business cycle or economic cycle.

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Usage in printed sourcesFrom: 

Anagrams for downturn »

  1. turndown

  2. turn down

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Numerology

  1. Chaldean Numerology

    The numerical value of downturn in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of downturn in Pythagorean Numerology is: 3

Examples of downturn in a Sentence

  1. Richard Morrison:

    The short-term lending the Fed engages in is quickly repaid by the financial institutions in question, even when, as in this case, the Fed has decided to dramatically scale up certain categories of lending in response to a market downturn.

  2. President Taylor Reid:

    We believe we're really well positioned for the remainder of this downturn, even with $30 (per barrel) oil, we think we're in good shape.

  3. Rafael Cortez:

    There is a vicious cycle in which political paralysis feeds the economic downturn that reinforces the political crisis, they are running against time, as unemployment data show. The sooner the impeachment vote happens, the higher the chances for the government are.

  4. James Abate:

    It's ironic that we're having The Fed debating the next rise in interest rates when we are heading into an economy that is in a cyclical downturn. The Fed missed their window to begin to normalize policy three year ago, the Fed is The Fed. No one knows how this movie ends.

  5. Stephen Harper:

    I think that most Canadians understand that when you get a downturn in a sector, you don't turn around and raise taxes on the sector.

Popularity rank by frequency of use

downturn#10000#28176#100000

Translations for downturn

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"downturn." Definitions.net. STANDS4 LLC, 2024. Web. 19 Dec. 2024. <https://www.definitions.net/definition/downturn>.

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