"Business downturns" refers to a decrease or decline in the overall performance and profitability of businesses. It is a period of time when companies experience a reduction in sales, profits, and economic activity.
Full definition
Synonyms for individual words can be found below.
«business»
«downturn»
Sentences with «business downturns»
- Japan today has one of the smallest governmental sectors in the developed world, because a lot of the tasks of the welfare state, from providing economic support during business downturns to building affordable housing for low wage workers, were assumed by large private employers. (politics.stackexchange.com)
- Whether it's steering through a business downturn or getting struggling employees back on track, effective leaders meet these challenges openly. (entrepreneur.com)
- The small - plane industry has its own Big Three — Cessna, Beech and Piper — and it has further emulated Detroit by suffering through a business downturn in recent months. (si.com)
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