The phrase
"financial downturn" means a period of time when the economy is not doing well and many people are facing financial difficulties, such as loss of jobs, decrease in income, and a decline in business activities.
Full definition
Many people experienced a severe
financial downturn due to poorly performing investments or even a loss of employment.
Yet, we made it through a
major financial downturn, managing to adjust our business plan to assist in ways the market most needed us by focusing on short sales and property management.
But first, you need to obtain an auto loan but your credit may be less than up to par because of some
past financial downturn events that may have happened to you.
In effect, CPP enhancement would hurt the country's fragile economy, which was still feeling the effects of the
global financial downturn of 2007 and 2008.
Whereas, up to, say, the early - 1990s when legal publishing delivered greatly above average profitability and solid growth that resulted in little fear of redundancy derived
from financial downturn, since then, some employees» uncertainty and anxiety have persisted, arguably for understandable reasons.
Sports Betting Suffers as Cryptocurrency Thrives in South Korea South Korea's only official sports betting network, Sports Toto, has experienced a sharp
financial downturn as more Koreans look to invest in cryptocurrencies instead of betting on football and other sports.
The lessons from that period, perhaps more than any previous one, taught the risk industry that expert judgment and economic insight may help investors anticipate and avoid exposure to major
financial downturns by using forward - looking models
While de Blasio touted the plan as fiscally safe, Comptroller Scott Stringer's December budget analysis said the city's surplus is not large enough and should be 12 to 18 percent of the operating budget «in order to be prepared for the
next financial downturn.»
For MacEwen, these recent trends highlight the strategic importance of global diversification as a way to hedge
against financial downturns.
Ross added nuance to that remark, speaking on a panel at Davos later in the day: «Nobody is trying to ignite what Smoot - Hawley did during the Depression,» Ross said, referring to legislation passed in 1930 that slapped tariffs on nations that shipped goods to the U.S. and arguably made the era's
financial downturn even worse.
Introducing a top - end menu item during the U.S.s
worst financial downturn may have seemed questionable to some, but McDonalds knows more than how to make special sauce.
The Dodd - Frank Act, which itself made matters worse rather than better in the wake of the government -
fueled financial downturn of 2008, explicitly empowered the Securities and Exchange Commission (SEC) as the agency to formulate rules relating to investment advisers who offer «personalized investment advice about securities to a retail customer.»
Therefore, transfer activity is expected to be very limited at CSKA in the upcoming years as the cost of paying off the stadium debt combined with the
general financial downturn of Russian football in recent seasons and Financial Fair Play bites hard.
A breakdown of the results suggests Labour's falling support can be traced back to the Budget and the
wider financial downturn, with Labour losing voters» economic confidence.
The housing sector in Scotland is continuing its recovery from the effects of the
international financial downturn which impacted on both housing developers and would - be home buyers and increased pressures on living standards across households generally.
While U.K. scientists have complained that some other countries have responded to the
worldwide financial downturn by increasing research spending, Willetts says the United Kingdom has actually done something more long - lasting: «This is not a temporary stimulus package.
The forthcoming issue of Benchmarks will contain a detailed account of the recent financial history of the University and of the anticipated consequences of the
current financial downturn.
Yes, you could just bank on having millions (who wouldn't want this), but you could have unforeseen medical issues, family emergencies, or simply retire one year before a
massive financial downturn.
«The luxury market has ridden the recent global
financial downturn better than any other sector and is a growing market around the world.
Leaders of the world's 20 richest nations «missed an opportunity» to kick start the green economy in their efforts to arrest the global
financial downturn at a summit in London yesterday.
«With the recovery from the Great Recession continuing into its seventh year, the city must ensure that it is prepared for the
next financial downturn that will inevitably come,» Ferreras - Copeland said.
The
recent financial downturn and the resulting economic uncertainty has put pressure on the job market and consumer spending, causing a significant drop in the number of people travelling abroad and the amount people spend on holidays and leisure activities.
The
global financial downturn has left the idea of unregulated markets in «profound crisis», Cabinet minister Ed Miliband has said.
Even after
the financial downturn, some banks aren't making the necessary changes to their boards.
Following
the financial downturn, banks have been placed under greater scrutiny and new regulations, both in Canada and abroad.
John Winter, president and CEO of the B.C. Chamber of Commerce, says that some «seniorpreneurs» are would - be retirees that fell on hard times during
the financial downturn.
A poorly - timed and unsuccessful expansion of its Pollo Tropical brand has only exacerbated
the financial downturn for Fiesta.
«I'm glad we did it because we didn't know how deep
the financial downturn was going to be.»
Jim Weddle, Managing Partner of Edward Jones, explains why Edward Jones continues to invest in face - to - face meetings even when facing
a financial downturn.
Though this brutal aftermath of the storm has brought the weaknesses of Puerto Rico's power sector into sharp relief, it was creaking long before Hurricane Maria struck and even before the island's
financial downturn.
It was one of the major contributing factors to the 2008
financial downturn / recession.
All agree that market conditions are extremely competitive — comparable to before
the financial downturn — and that this trend will continue for the foreseeable future.
Then, came
the financial downturn of 2008 and the focus was taken elsewhere.
Contrary to other developed countries its organic sales suffered as a result of
the financial downturn and are in stark contrast to Australia's organic growth, which is 10 — 15 % each year.
I'm not saying we're Spurs (we have FAR more pull) but the fact is we are not (yet) the biggest club in England and we're still recovering from
a financial downturn as part of our investment in the stadium.
Several administrators said they are braced for the need to continue amid
a financial downturn that pushed the nation's poverty rate to an 11 - year high.
This provides the lifeblood of the University and it is possible that
the financial downturn will even work to our advantage, if other scientific research institutions find themselves unable to recruit at this difficult time.
Phrases with «financial downturn»