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Phrases with «global downturn»

The phrase "global downturn" refers to a significant decline or decrease in economic activity happening worldwide. It implies that various countries or regions are experiencing a slowdown, recession, or negative growth simultaneously. Full definition

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Sentences with «global downturn»

  • Adding to those fears was the evident global downturn in manufacturing, the ongoing financial crisis in Europe, and the predictions of some that the US also would experience a return to recession, a «double dip.» (businessinsider.com)
  • Premier Li Keqiang's plan to have slower but better balanced growth has run into difficulties and Beijing's struggle to transform its economic model has prompted fears that the world's second - biggest economy could be the source of the next global downturn. (theguardian.com)
  • For example, in 2008 they cut interest rates together in response to the deepening global downturn, and in 2011 they helped prevent runaway appreciation of the Japanese yen following a devastating earthquake. (businessinsider.com)
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