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- A company downturn refers to a period when a business or economy becomes less successful1. It does not necessarily mean that the economy is in recession, but rather that there is a temporary decrease or worsening of business or economic activity2. According to the Merriam Webster dictionary, a downturn is defined as "A situation in which something (such as business or economic activity) decreases or becomes worse"2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.a period when a business or economy becomes less successful:dictionary.cambridge.org/dictionary/learner-english/…
A downturn does not necessarily mean an economy is in recession. Often it is just a temporary blip which disappears in the next quarter. The Merriam Webster dictionary defines a downturn as: “A situation in which something (such as business or economic activity) decreases or becomes worse.”.
marketbusinessnews.com/financial-glossary/econo… What is an Economic Downturn? Definition and …
WEBAn economic downturn, or a downturn, occurs when the value of stocks, property, and commodities fall, productivity either grows more slowly or …
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