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| downturn (A turning downward; a decline, esp. in economic or business activity. OED. In assessing a recent downturn, they refuse to resort to the dissembling language of corporate reports and quarterly statements. A downturn in one part of the world has always been partly offset by growth elsewhere. It blamed the cuts on the downturn in the aerospace market.LDOCE Alexander Demidov) | |||
| recession | |||
| contraction; the general stagnation of business (ksuh) | |||
| loss of puff (ZolVas); business loss | |||