What is an Economic Downturn? Definition and Examples An economic downturn, or a downturn, occurs when the value of stocks, property, and commodities fall, productivity either grows more slowly or declines, and GDP (gross domestic product) shrinks, stands still or expands more slowly
DOWNTURN Definition Meaning | Dictionary. com Explanation A dip or reduction in an economic measure is a downturn If a company makes less money than it did last year, for example, that's a downturn You'll often find the word downturn in business or economic news, describing the country's entire economy, or the activity of a particular sector of the economy
DOWNTURN definition and meaning | Collins English Dictionary If there is a downturn in the economy or in a company or industry, it becomes worse or less successful than it had been They predicted a severe economic downturn unchanged profits for 1990 due to a sharp downturn in the industry
What does downturn mean? - Definitions. net 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
downturn - Wiktionary, the free dictionary Noun downturn (plural downturns) A downward trend, or the beginnings of one Antonyms: upturn, uptick, increase, improvement Hypernyms: turn, change; trend Near-synonym: decline The downturn in the economy made it harder to find jobs
Recession - Wikipedia In economics, a recession is a business cycle contraction that occurs when there is a period of broad decline in economic activity [1][2] Recessions generally occur when there is a widespread drop in spending (an adverse demand shock)