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- The term downturn refers to a downward trend, particularly toward a decline in business and economic activity. It can also mean a reduction in the amount or success of something, such as a country's economic activity12. For example, an economic downturn might involve a decrease in production, sales, and employment levels. It's often used in discussions about the economy to describe periods when the market is not performing well2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.www.merriam-webster.com/dictionary/downturndictionary.cambridge.org/dictionary/english/downturnwww.dictionary.com/browse/downturndictionary.cambridge.org/us/dictionary/english/dow… - People also ask
What is an Economic Downturn? Definition and Examples
WEBThe Merriam Webster dictionary defines a downturn as: “A situation in which something (such as business or economic activity) decreases or becomes worse.”. An economic downturn occurs when shares prices decline, GDP growth slows down or becomes …
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Economic Downturn; A slowdown in economic activity. Example: …
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See more on investopedia.comA recession is a significant, widespread, and prolonged downturn in economic activity. A common rule of thumb is that two consecutive quarters of negative gross domestic product(GDP) growth indicate a recession. However, more complex formulas are also used to determine recessions. Economists at the National Bure…Recession Definition: What Is A Recession? – Forbes …
WEBFeb 13, 2024 · A recession is a significant decline in economic activity that lasts for months or even years. Experts declare a recession …
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Economic downturn definition - Economics Help
WEBFeb 28, 2017 · Economic downturn definition. An economic downturn implies a fall in real GDP. A downturn also includes that period just …
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Explainer: What is a recession? - The World Economic Forum
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What is a recession? The economic concept …
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WEBDecember 12, 2022 | Article. (4 pages) One popular definition of recession is two consecutive quarters of economic contraction. Recessions are always caused by imbalances in the market, triggered by external or …
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WEBSep 2, 2022 · In short, a period of significant decline in economic activity. A recession typically leads to drops in output and investment, falling profits for businesses and rising unemployment. The...
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WEBMar 13, 2024 · recession, in economics, a downward trend in the business cycle characterized by a decline in production and employment, which in turn causes …
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WEBOct 20, 2023 · Fact checked by. Vikki Velasquez. The National Bureau of Economic Research (NBER) defines a recession as a significant decline in activity spread …
Recession - Wikipedia
WEBThe NBER, a private economic research organization, defines an economic recession as: "a significant decline in economic activity spread across the economy, lasting more …
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WEBThere is no official definition of recession, but there is general recognition that the term refers to a period of decline in economic activity. Very short periods of decline are not …
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WEBJul 27, 2022 · “A common definition of recession is two negative quarters of GDP growth, or at least that’s something that’s been true in past recessions,” Treasury Secretary …
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WEBAug 31, 2021 · A global recession is an extended period of economic decline around the world. A global recession involves more or less synchronized recessions across many …
DOWNTURN | definition in the Cambridge English Dictionary
WEBa reduction in the amount or success of something, such as a country's economic activity: the continuing economic downturn. There is evidence of a downturn in the …
Downturn Definition & Meaning - Merriam-Webster
WEBApr 24, 2024 · The meaning of DOWNTURN is a downward turn especially toward a decline in business and economic activity.
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WEBThe economy advanced by a 3.4% annualized rate in the final quarter of 2024. GDP growth for 2023 tallied a 2.5% annualized pace, defying calls for a mild recession at the start of …
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WEBDec 19, 2023 · An economic cycle is the circular movement of an economy as it moves from expansion to contraction and back again. Economic expansion is characterized …
DOWNTURN | English meaning - Cambridge Dictionary
WEBa reduction in the amount or success of something, such as a country's economic activity: the continuing economic downturn. There is evidence of a downturn in the …
The Missing Factor In Explanations Of China’s Economic ... - Forbes
WEB1 day ago · The crisis has damaged China’s economy and accelerated the diversification by many Western companies away from reliance on Chinese supply chains, a trend that …
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