downturndown‧turn /ˈdaʊntɜːn $ -tɜːrn/ noun [countable usually singular] 
America’s current economic downturndownturn in a downturn in the auto industry
EXAMPLES FROM THE CORPUS
- A downturn in one part of the world has always been partly offset by growth elsewhere.
- A market downturn in rig moves was more than compensated for by a significant increase in supporting offshore construction projects.
- But the semiconductor sector, thought to be most vulnerable to an economic downturn, fell back from several rally attempts.
- In this way, landowners can protect themselves from any downturn in the farming economy, says Mr Sanders.
- It blamed the cuts on the downturn in the aerospace market.
- Song said that the number of people moving to Hong Kong is actually increasing while the number emigrating is on the downturn.
- This group, they argue, still feels insecure and worries about its fate in the face of another economic downturn.
- Yesterday's trade figures showed clearly that export volumes were at record levels even in a worldwide economic downturn.
THESAURUS
a period when a country’s economic growth stops and there is less trade: · The industry has cut jobs due to the recession.· fears that the economy may be sliding into recession
a long period during which there is a bad recession, so that there is very little business activity and a lot of people do not have jobs: · During the depression of the 1930s, as many as 20% of the population were jobless.
a fairly short period when there is a reduction in business and many people lose their jobs: · The slump in the housing market is making it difficult for people to sell their homes.
a period when there is a reduction in business activity, that may be the start of a recession: · High prices could tip the slowdown in the US into a world recession.
a period during which there is a reduction in business activity and economic conditions become worse, when before the economy was growing: · Public spending may reduce the effects of the downturn.
an occasion when the value of stocks and shares on a stock market falls suddenly and by a large amount, causing economic problems: · The Wall Street Crash of 1929 was disastrous for not only the American economy, but for the world economy.
WORD SETSabsolute advantage, aggregate demand, AGM, nounagribusiness, nounairline, nounappurtenance, nounassessment, nounbad debt, nounbalance sheet, nounbankroll, verbbankrupt, adjectivebankrupt, verbbankrupt, nounbankruptcy, nounbargain, verbbargain basement, nounbaron, nounbill of sale, nounbiz, nounblack market, nounblack marketeer, nounboom, nounboom and bust, nounboom town, nounbrown goods, nounbubble, nounbudget surplus, business card, nounbusiness cycle, business hours, nounbuyout, nouncapital, nouncapital-intensive, adjectivechamber of commerce, nounclerical, adjectiveconsumer, nounconsumer goods, noundisposable income, noundownturn, noundrive-through, nouneconomically, adverbfinancial, adjectiveflat, adjectivefree enterprise, noungiveaway, adjectiveincrement, nounindustry, nouninflate, verbinflated, adjectiveinflation, nouninflationary, adjectiveinsolvent, adjectiveinstitution, nouninterest, nounintroduction, nounlivery, nounlow season, nounlucrative, adjectiveMBA, nounmemo, nounmentoring, nounnegotiable, adjectivenegotiate, verbnegotiation, nounnon-profit, adjectiveopen, verboperational research, nounowner-occupied, adjectivepack, nounpackage, nounpaperwork, nounpatron, nounpatronage, nounpatronize, verbpay, verbpcm, peppercorn rent, nounpersonal assistant, nounplanned obsolescence, nounpp., quarter, nounquarter day, nounquota, nounquote, verbready-made, adjectivereal estate, nounrebate, nounredeem, verbredevelop, verbrefund, nounrent, nounshutdown, nounsliding scale, nounsubcontract, verbsubcontractor, nountariff, nounundercut, verbundersubscribed, adjective
COLLOCATIONS FROM THE ENTRY America’s current economic downturnCOLLOCATIONS FROM OTHER ENTRIES
a period or process in which business activity, production etc is reduced and conditions become worse OPP upturn: America’s current economic downturn (=when businesses become less successful)· Experts are predicting an economic slowdown at the beginning of next year.
COLLOCATIONS FROM THE CORPUSADJECTIVE· Yesterday's trade figures showed clearly that export volumes were at record levels even in a worldwide economic downturn.· And it is fertile soil for a severe economic downturn in the post-cold war world economy.· The world's economic downturn has triggered a rash of defaults in commercial paper and long-term debt, particularly by unrated issuers.· A few years hence, the nation experiences a severe economic downturn.· Inpart, the fading lustre of famous names can be blamed on the economic downturn of the 1990s.· When the Exposition closed Chicago was already in the grip of a serious economic downturn.· He said first he had to deal with the provincial government's financial woes and an economic downturn.· There is no loophole to grant budget flexibility in case of an economic downturn.
· In assessing a recent downturn, they refuse to resort to the dissembling language of corporate reports and quarterly statements.
America’s current economic downturndownturn in a downturn in the auto industry