Perhaps owing to large unemployment figures and a massive economic downturn, the decisions customers have been making are trending toward the more frugal end of the spectrum.
Low-cost fitness bands see a resurgence in interest amid the pandemic|Brian Heater|September 4, 2020|TechCrunch
Overcoming those issues is hard at the best of times, not least during a downturn and the financial stresses that come with it.
‘Gaming is where culture is being set’: Bud Light gets serious about esports|Seb Joseph|September 3, 2020|Digiday
It now joins much of the world in succumbing to a pandemic-induced downturn.
A country that escaped a recession in 2008 is officially in one now|Claire Zillman, reporter|September 2, 2020|Fortune
While two-thirds of those funds come from property taxes, which are relatively stable from year to year, the rest—which largely hails from sales taxes and fees—is just as affected by an economic downturn as the state revenue.
COVID-19 has another long-term side effect: A shrinking tax base|cleaf2013|August 31, 2020|Fortune
The downturn does appear to be slowing, however, with sales dropping just 4% in July—the lowest monthly decline yet.
Tesla loses ground in Europe despite a local surge in EV purchases post-lockdown|eamonbarrett|August 28, 2020|Fortune
But Pragnell is hoping Casa Bruja will sidestep the trend's downturn.
House of the Witch: The Renegade Craft Brewers of Panama|Jeff Campagna|November 30, 2014|DAILY BEAST
But the once-promising film career she was supposedly leaving to chase was already on a downturn.
It’s Time to Stop Hating Katherine Heigl|Kevin Fallon|November 17, 2014|DAILY BEAST
The increase in use tracks pretty well with the rise in unemployment and poverty during the downturn.
Congress Unites to Screw the Hungry|Monica Potts|September 8, 2014|DAILY BEAST
Hastening her decline has been a downturn in Brazil's economic fortunes.
Can Dilma Rousseff Recover?||August 24, 2013|DAILY BEAST
If a downturn happens early in the first term, things will be rough during that midterm election.
What About that 'Six-Year Itch?'|Justin Green|May 1, 2013|DAILY BEAST
British Dictionary definitions for downturn
downturn
/ (ˈdaʊnˌtɜːn) /
noun
a drop or reduction in the success of a business or economy