as in slump
a situation in which something (such as business or economic activity) decreases or becomes worse
—usually singular
an economic downturn There's been a downturn in the housing market.
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Recent Examples of downturn
Champagne sales have also been under pressure, with recent reports highlighting a downturn tied to a global luxury slowdown.
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Rachel King, Forbes, 1 Nov. 2024
De Beers’s revenues sank 21% in the first half of this year, compared with the same period last year, and that downturn came after a steep drop in 2023.
—Sasha Rogelberg, Fortune, 31 Oct. 2024
The company attributed this downturn to challenging market conditions, according to its shareholder letter.
—Vinamrata Chaturvedi, Quartz, 30 Oct. 2024
Or did the bond market simply conclude that the Fed’s commitment to lowering rates toward neutral while protecting against undue further weakening in the labor market insulates the economy from a damaging downturn?
—Michael Santoli, CNBC, 26 Oct. 2024
See all Example Sentences for downturn 
Rachel King, Forbes, 1 Nov. 2024
De Beers’s revenues sank 21% in the first half of this year, compared with the same period last year, and that downturn came after a steep drop in 2023.
—Sasha Rogelberg, Fortune, 31 Oct. 2024
The company attributed this downturn to challenging market conditions, according to its shareholder letter.
—Vinamrata Chaturvedi, Quartz, 30 Oct. 2024
Or did the bond market simply conclude that the Fed’s commitment to lowering rates toward neutral while protecting against undue further weakening in the labor market insulates the economy from a damaging downturn?
—Michael Santoli, CNBC, 26 Oct. 2024
See all Example Sentences for downturn
Recent Examples of Synonyms for downturn
Noun
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The electric car maker’s better-than-expected profit news sent the stock soaring, wiping out a slump that persisted for much of the year.Amy Feldman, Forbes, 4 Nov. 2024
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The vice president has seen a slump in recent weeks after riding high receiving President Biden’s endorsement, becoming the Democratic Party’s official nominee, and performing well against Trump in the debate.Lauren Irwin, The Hill, 1 Nov. 2024
Noun
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Unlike their bosses, some of whom ascended to the heights of authority in their 30s (Emanuel) and even their late 20s (De Luca), young professionals today — who are toiling in an industry plagued with title deflation and ever-diminishing paydays — see no clear path to the top.Mia Galuppo, The Hollywood Reporter, 30 Oct. 2024
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China is facing the longest period of deflation since the 1990s, with a broad measure of economy-wide prices falling for five straight quarters through June — a stretch that likely continued through September.Jason Ma, Fortune, 13 Oct. 2024
Noun
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This decrease is attributed to a reduction in transactions at existing centers.Quartz Bot, Quartz, 15 Nov. 2024
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Gold prices tend to rise in anticipation of a conflict, but when action takes place, the price remains the same or decreases.Sanford Mann, Forbes, 4 Nov. 2024
Noun
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Canvas is a highly shrink-prone material because the heat from a dryer can cause irreversible shrinkage even at its lowest setting.Jolie Kerr, Better Homes & Gardens, 24 Oct. 2024
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The National Retail Federation (NRF) estimates that retail shrinkage costs the industry billions annually.Nico Müller, Forbes, 23 Oct. 2024
Noun
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However, the Spurs did see a massive falloff once some of the legends retired.David Faris, Newsweek, 4 Nov. 2024
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Although researchers are still racing to figure out just how effective mRNA shots (and all shots) are at preventing illness from Omicron, initial research suggests that the falloff is significant.Nicole Lurie, Foreign Affairs, 23 Dec. 2021
Noun
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Today’s new low arrives after a relentless downtrend from the peak of early April.John Navin, Forbes, 31 Oct. 2024
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In fact, this is the third time that the relative ETH/BTC line has been in a downtrend since 2016., CNBC, 30 Oct. 2024
Noun
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That in turn pushes prices lower and causes a further diminution in liquidity supply.Kevin Coldiron, Forbes, 4 Oct. 2024
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The same diminution is currently happening to the composition of an opening paragraph with a clear thesis statement.Stephen Marche, The Atlantic, 27 Sep. 2024
Noun
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Gauthier, who was mayor during most of the period in which the city achieved its historic drop in violent crime, believes East Palo Alto’s collaborative approach to crime reduction could be scaled up district-wide.Ryan Macasero, The Mercury News, 6 Nov. 2024
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Well, that this gradual reduction in time spent near the boats means sharks most likely do not form long-term associations with these vessels.Melissa Cristina Marquez, Forbes, 5 Nov. 2024
Thesaurus Entries Near downturn
Cite this Entry
“Downturn.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/downturn. Accessed 21 Nov. 2024.
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