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downturn

   Also found in: Financial, Encyclopedia 0.01 sec.
down·turn  (dountûrn)
n.
A tendency downward, especially in business or economic activity.
downturn [ˈdaʊnˌtɜːn]
n
(Economics) a drop or reduction in the success of a business or economy
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.downturn - a worsening of business or economic activity; "the market took a downturn"
downswing
worsening - changing something with the result that it becomes worse
downspin - a swift and dangerous downturn
Translations
downturn [ˈdaʊntɜːn] N (in economy) → deterioro m; (in sales, production) → disminución f
downturn [ˈdaʊntɜːrn] n (= slump) → récession f
a downturn in → une récession dans
down under adv
(= in Australia) → en Australie
(= in New Zealand) → en Nouvelle-Zélande


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? Mentioned in ? References in periodicals archive
 
of pounds 50,000 it received from the Department for Communities and Local Government to support economic and enterprise issues arising from the economic downturn.
More support; business briefing by Coventry Evening Telegraph (England)
The survey also found that, while the current downturn has impacted all business sectors, skills shortages still exist in some sectors, with high demand for accountancy jobs, especially for credit controllers and finance managers.
Temp jobs rise 30pc by The Daily Mail (London, England)
The economic downturn and the Welfare to Work Agenda has shown more people wanting their services, but funding is scarce.
Staff facing the axe by Evening Chronicle (Newcastle, England)
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