noun
- periods of decline or reduction in economic activity, business, or performance
Usage: plural of downturn
Examples
- The company survived several economic downturns over the past decade.
- Market downturns can create buying opportunities for investors.
- The restaurant industry experienced significant downturns during the pandemic.
- Historical data shows that economic downturns are often followed by periods of growth.
- Small businesses are particularly vulnerable during market downturns.
- The CEO warned shareholders about potential downturns in the coming quarter.