down
turn
Plural
downturns
1
a drop in market and business activities
- The global pandemic caused a severe economic downturn, affecting businesses worldwide.
- The retail sector experienced a downturn due to declining consumer confidence and spending.
- In response to the market downturn, the company implemented cost-cutting measures to stay afloat.
- The downturn in the housing market led to a decrease in property values and home sales.
- Investors were cautious as they anticipated a potential downturn in the tech industry.
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