The phrase "prolonged downturn" means a significant and long-lasting decline or decrease in a particular situation, such as an economy or market, lasting for an extended period of time. Full definition
In periods of extreme stress, even a well - diversified portfolio runs the risk of participating in a deep, prolonged downturn in the markets. (seasoninvestments.com)
Citigroup and other firms have changed their price forecasts to show a more prolonged downturn in prices that could ultimately cause a shakeout among producers. (nbr.com)
We remain very concerned that any significant cut - backs in capital spending after the Election will prolong the downturn as it will be some time before we expect to see significant growth in private sector commercial projects. (politics.co.uk)