Downturn (Noun)
Meaning
A worsening of business or economic activity; "the market took a downturn".
Classification
Nouns denoting acts or actions.
Examples
- The recent downturn in the housing market has caused many investors to reevaluate their portfolios.
- After a decade of growth, the company experienced a downturn in sales due to increased competition.
- Analysts are predicting a downturn in the economy if the government does not implement policies to stimulate growth.
- The downturn in the stock market had a significant impact on the investor's retirement savings.
- The manufacturing sector experienced a downturn in production due to supply chain disruptions and labor shortages.