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What is another word for downturn?

Pronunciation: [dˈa͡ʊntɜːn] (IPA)

A downturn refers to a period of declining economic growth or reduced business activity. There are several synonyms for this term, including a recession, slump or decline. A recession is a period of economic decline that lasts for several months or even years, characterized by a decrease in consumer spending, employment and production. A slump refers to a sudden decline in activity or a lack of productivity in a particular industry or sector. A decline is a more general term that can refer to any reduction in economic activity or performance. Other synonyms for downturn include a drop, a fall, a contraction, or a dip.
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Synonyms for Downturn:

What are the paraphrases for Downturn?

Paraphrases are restatements of text or speech using different words and phrasing to convey the same meaning.
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What are the hypernyms for Downturn?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • hypernyms for downturn (as nouns)

What are the hyponyms for Downturn?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

  • hyponyms for downturn (as nouns)

What are the opposite words for downturn?

Downturn refers to a decrease or decline in something, be it the economy, business, or a situation. The antonyms of downturn are growth, development, progress, upswing, advancement, success, and expansion. Growth refers to the gradual increase in something. Development is a continuous process of growth and improvement. Progress is moving forward and advancing in a positive direction. Upswing refers to a rise or upward trend in something. Advancement is the process of making progress and improvement. Success is the accomplishment of an objective or goal. Finally, expansion refers to the increase in size, volume, or scope of something. All these terms are opposite to the decline or downturn of something.

What are the antonyms for Downturn?

Usage examples for Downturn

Nevertheless, I urge Congress to enact a permanent stand-by counter-cyclical program, so that States and cities can be protected during the next economic downturn.
"State of the Union Addresses of Jimmy Carter"
Jimmy Carter
We have met and reversed the first significant downturn in economic activity since the war.
"Complete State of the Union Addresses from 1790 to the Present"
Various
The economic downturn of the past year was the first real test that our system of unemployment insurance has had to meet.
"Complete State of the Union Addresses from 1790 to the Present"
Various

Famous quotes with Downturn

  • A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market.
    Ron Chernow
  • This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and stabilize.
    Timothy Geithner
  • Most analysts would agree that if all the undocumented immigrants in California were deported in one day, our state would experience a severe economic downturn. This does not even consider the many cultural and spiritual gifts these immigrants bring to our state and nation.
    Roger Mahony
  • High gas prices are eating away at consumer's disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel.
    Major R. Owens
  • You know, if I listened to Michael Dukakis long enough, I would be convinced we're in an economic downturn and people are homeless and going without food and medical attention and that we've got to do something about the unemployed.
    Ronald Reagan

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