downturn

[ doun-turn ]
/ ˈdaʊnˌtɜrn /

noun

an act or instance of turning down or the state of being turned down: the downturn of a lower lip in a permanent pout.
a turn or trend downward; decrease or decline: The new year brought a downturn in the cost of living.

Origin of downturn

First recorded in 1925–30; noun use of verb phrase turn down

Example sentences from the Web for downturn

British Dictionary definitions for downturn

downturn
/ (ˈdaʊnˌtɜːn) /

noun

a drop or reduction in the success of a business or economy