downturn

noun

down·turn ˈdau̇n-ˌtərn

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

Examples of downturn in a Sentence

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What's New Joe Rogan's Texas home has dropped a whopping 20 percent in value as the Austin housing market experiences a rapid downturn. —

Benedict Cosgrove, Newsweek, 19 Dec. 2024 The bottom line: Consumers are not pulling back on spending in a way that would suggest the economy is in the midst of a downturn — but for those looking for signs of soft patches, this report offers some evidence. —

Courtenay Brown, Axios, 17 Dec. 2024 While growing up in Chicago, Gallego's middle class life took a drastic and unexpected downturn when his father, who had a fairly successful contracting business, abandoned the family for a life of drug dealing. —

Diane Herbst, People.com, 17 Dec. 2024 Compared to the golden decades of the 1970s, 1980s and early 1990s, Hong Kong action cinema has suffered a relative downturn. —

Sara Merican, Deadline, 17 Dec. 2024 See all Example Sentences for downturn