noun a decline or decrease, especially in economic activity
The housing market faced a downturn as interest rates rose.
The financial sector saw a downturn in profits during the quarter.
The company experienced a downturn in sales due to the economic recession.
The downturn in the stock market led to widespread panic among investors.
The manufacturing industry suffered a downturn in production due to supply chain disruptions.
The writer's income took a hit during the economic downturn, leading to fewer freelance opportunities.
During a downturn, psychologists may see an increase in clients seeking therapy for anxiety and depression related to financial stress.