downturned

Example:The depression caused a severe downturn in the real estate market, leading to widespread home foreclosures.

Definition:A state of economic activity characterized by a decrease in demand and production, leading to high unemployment and underutilization of resources.

Example:The recession brought about a downturn in the industrial sector, as factories slowed down their production.

Definition:A period of economic decline, typically characterized by a fall in GDP, declining employment rates, and reduced levels of trade and investment.

Example:The fall in investment and consumer confidence indicated a clear downward turn in the economy.

Definition:A change in direction, typically from a positive to a negative trend, especially in an economic context.