downturn (Meaning)

Wordnet

downturn (n)

a worsening of business or economic activity

The economic downturn has caused a significant decline in consumer spending.
The company is experiencing a downturn in sales due to increased competition.
The real estate market is facing a downturn as a result of rising interest rates.
The downturn in the stock market has caused widespread investor losses.
The tourism industry is suffering from a downturn due to travel restrictions and health concerns.
The downturn in the manufacturing sector has led to widespread layoffs and factory closures.
The downturn in the mining industry has resulted in a decline in commodity prices.
The downturn in the agricultural sector has caused a decrease in crop yields and farm incomes.
The downturn in the energy sector has caused a decline in oil and gas prices.
The downturn in the automotive industry has caused a decline in car sales and production.

a worsening of business or economic activity

diminution, deflation, degradation, downslide, shrinkage, ebb, falloff, sag, downtrend, diminishment

development, evolution,growth, evolution, development, growth, advancement, advancement, addition,flowering

The economic downturn has caused a significant decline in consumer spending.

The company is experiencing a downturn in sales due to increased competition.

The real estate market is facing a downturn as a result of rising interest rates.

The downturn in the stock market has caused widespread investor losses.