downturn

noun
down·​turn | \ ˈdau̇n-ˌtərn How to pronounce downturn (audio) \

Definition of downturn

: a downward turn especially toward a decline in business and economic activity

Examples of downturn in a Sentence

Recent Examples on the Web

Wealthier people were able to buy low during the downturn and benefit from ten years of gains, while poorer people had to get by on their wages, contributing to the continued rise in wealth inequality in the post-recession period. Lydia Depillis, CNN, "The US economy is about to break a record. These 11 charts show why," 7 June 2019 Wealthier districts can depend on local property taxes to fund schools during economic downturns, but poorer districts mostly rely on state funds. The Economist, "What budget cuts during the Great Recession did to pupils’ test scores," 6 June 2019 Opened to great fanfare in 2010, the glass palace on the Louisville riverfront was touted as a $238 million jewel in the crown for a redeveloping downtown — a construction project during an economic downturn that was completed on time and on budget. Allison Ross, The Courier-Journal, "How KFC Yum Center became Louisville's billion-dollar baby," 12 July 2018 The economic downturn and space program’s demise led to large-scale layoffs and a reduction in tourism. ... Konrad Putzier, WSJ, "Space Rockets Spark Property Boom on Florida Coast," 21 May 2019 The elections, which the Turkish strongman had depicted as a fight for the country’s survival, were largely seen as a test of his support amid a sharp economic downturn. Zeynep Bilginsoy, The Seattle Times, "Turkey’s ruling party leads local elections but loses Ankara," 31 Mar. 2019 Research shows that cohorts that have lived through economic downturns have lower appetites for financial risk. Eliza Brooke, Vox, "How the Great Recession influenced a decade of design," 27 Dec. 2018 As Loury wrote in a Chicago Sun-Times op-ed earlier this month, the recent economic downturn put further pressure on historically under-resourced black neighborhoods in Chicago, increasing foreclosures and depressing real estate values. Patrick Sisson, Curbed, "How a ‘reverse Great Migration’ is reshaping U.S. cities," 31 July 2018 The government has blamed the economic downturn on U.S. sanctions, which have targeted Venezuelan leaders and certain other transfers. Rick Noack, Washington Post, "The many problems with Trump’s reported idea of invading Venezuela," 5 July 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'downturn.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of downturn

1658, in the meaning defined above

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Statistics for downturn

Last Updated

20 Jun 2019

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Time Traveler for downturn

The first known use of downturn was in 1658

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More Definitions for downturn

downturn

noun

English Language Learners Definition of downturn

: a situation in which something (such as business or economic activity) decreases or becomes worse

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