downturn

noun
down·​turn | \ -ˌtərn \

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

The moves by the $6.4 trillion firm reflect pressures on asset managers to seek new ways to expand and insulate themselves from a downturn. Justin Baer, WSJ, "BlackRock Cutting Roughly 500 Jobs," 10 Jan. 2019 But such a design, which accords with German nervousness about fiscal transfers, might not be enough in deep downturns. The Economist, "France and Germany finally have a common position on euro-zone reform," 21 June 2018 That would boost the system’s funded ratio, require localities to pay off the debt sooner and allow the pension to recover faster from market downturns, according to a staff report. Romy Varghese, Bloomberg.com, "California Cities' Pension Bills May Rise With Calpers Move," 13 Feb. 2018 An economic downturn or a defeat for Prime Minister Shinzo Abe’s ruling party in next year’s elections could potentially force a rethink in the decision. Alex Ward, Vox, "Japan plans to purchase nearly 150 F-35 fighter jets from the US," 12 Dec. 2018 Aside from a small recent downturn, the housing market is as hot as ever. Jeff Andrews, Curbed, "10 years after the financial crisis, is the housing market still at risk?," 29 Aug. 2018 In the case of an economic downturn, revenue falls. Julie Heath, Cincinnati.com, "The problem with a balanced budget amendment," 3 May 2018 In economic downturns, tax revenues fall and states are forced to tighten their belts by slashing spending and raising taxes. The Economist, "American states face a revenue crisis," 7 Apr. 2018 The downturn in auto demand has accelerated steadily. Joe Mcdonald, The Seattle Times, "China’s auto sales fall in November for fifth month," 11 Dec. 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

1926, in the meaning defined above

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Statistics for downturn

Last Updated

17 Jan 2019

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The first known use of downturn was in 1926

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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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