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downturn
[doun-turn]
noun
an act or instance of turning down or the state of being turned down.
the downturn of a lower lip in a permanent pout.
a turn or trend downward; decrease or decline.
The new year brought a downturn in the cost of living.
downturn
/ ˈ岹ʊˌɜː /
noun
a drop or reduction in the success of a business or economy
51Թ History and Origins
Origin of downturn1
Example Sentences
If anything, the downturn, at least in terms of employment at the studios, has continued.
It is a concept known as the lipstick effect, which suggests that people are more likely to spend on small luxury goods - like lipstick - during economic downturns.
That downturn continued in 2024-25, with him not starting a Premier League match before his move to Spain.
Now, amid a broader downturn in film and TV production, the local industry finds itself at an existential crossroads.
The burgeoning designer captivated London's fashion scene initially, but in 1998 he went bankrupt when an economic downturn in east Asia scuppered a major order.
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