Meaning of “downturn” in the English Dictionary

american-english dictionary

"downturn" in British English

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downturnnoun [ C usually singular ]

uk /ˈdaʊn.tɜːn/ us /ˈdaʊn.tɝːn/

(Definition of “downturn” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"downturn" in American English

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downturnnoun [ C ]

us /ˈdɑʊnˌtɜrn/

a reduction in the amount or success of something:

a downturn in car sales

(Definition of “downturn” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"downturn" in Business English

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downturnnoun [ C, usually singular ]

uk /ˈdaʊntɜːn/ us also downswing

ECONOMICS a reduction in the amount or success of something, such as a country's economic activity:

economic/market downturn Thousands of workers have lost their jobs in the economic downturn.
There is evidence of a downturn in the housing market.
see/experience/suffer a downturn The company saw a downturn in sales over the last six months.
a serious/severe/sharp downturn
a global/world/general downturn

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(Definition of “downturn” from the Cambridge Business English Dictionary © Cambridge University Press)