downturn (Meaning)
downturn (n)
a worsening of business or economic activity
Synonyms & Antonyms of downturn
Synonyms:
- decimation
- demolishment
- abasement
- ruination
- havoc
- desolation
- destruction
- dissolution
- ruin
- debasement
- demolition
- lessening
- descent
Antonyms:
downturn Sentence Examples
- 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.
FAQs About the word downturn
a worsening of business or economic activity
decrease, diminishment, degradation, loss,slump, sag, reduction, downtrend, diminution, falloff
growth, advancement, development,growth, development, evolution, advancement, evolution, increase, renewal
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.