Downturn

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Downturn

(1) A period of contraction or decline of economic activity, especially real GDP, but typically employment as well. (2) The transition of an economy from growth to contraction, also known as a peak of economic activity.

Downturn

A decline in a security or market, especially after a long bullish period. A downturn is considered an inevitable part of the business cycle. See also: Bear market.

downturn

A decline in security prices or economic activity following a period of rising or stable prices or activity. Even strong bull markets are subject to occasional downturns.
References in periodicals archive ?
Economists branded the figures, which were well below expectations, "absolutely dire" and "disturbing", and warned that they indicated the current housing market downturn could be worse than previously thought.
Actually, city assessors had reduced these values themselves during the market downturn to assessments ranging from a high of $74.
But a financial market downturn could short-circuit demand.
The interiors business provides a hedge against a market downturn because tenants must adjust their space to accommodate both expansion and downsizing.
After living through the Fairfield County market downturn and recovery, we recognized parallels in a neighboring market.