business downturn vs business slowdown

Both 'business downturn' and 'business slowdown' are correct phrases used to describe a decrease in business activity. They are interchangeable and can be used depending on personal preference or context.

Last updated: March 26, 2024

business downturn

This phrase is correct and commonly used to describe a period of reduced business activity.

This phrase is used to indicate a significant decrease in business activity, often leading to financial challenges for a company.

Examples:

The company experienced a business downturn due to the economic crisis.
The business downturn forced the company to lay off employees.
The business downturn resulted in a decrease in profits.
The CEO implemented strategies to address the business downturn.
The business downturn affected the entire industry.

Show examples from the web [+]

It was the business downturn and cutbacks, and...
It was business downturn, the cutbacks, and, and...
The managers of the group that owns the factory argue that the business downturn and the need to relocate had under no circumstances been predictable.
Both expenditure as well as revenue strongly interact with the business cycle with a downturn destroying tax revenue in the same way as it is pushing up government expenditure.
What does the Commission intend to do about the inevitable downturn in business and the loss of jobs which the draft third driving licence directive will entail for manufacturers when the proposed legal conditions are enforced?
Also - No downturn in the lie business.
Two are still active, but the third... went out of business over a year ago due to the downturn in the economy.
Inventories, which are another key variable explaining the dynamics of business non-financial investment, played an important role in accentuating the economic downturn.
The main policy challenges in the downturn are to stabilise the financial sector, restore consumer and business confidence, and support investment.
In addition, in response to the economic downturn, Luxembourg recently announced measures, including reduced taxation on business and support for lower income households.
Two are still active, but the third... went out of business over a year ago due to the downturn in the economy.
I have spoken to many workers and SME owners for whom the downturn is causing job losses and business failures; they have asked me to retain their choice.
The sharp economic downturn asks for a robust, resilient and fair environment for European business and workers in order to promote economic growth, innovation, job creation, social progress and sustainable development.
In addition in response to the economic downturn, Sweden recently announced measures, including support for the automobile and construction sectors and deferred taxation for business and subsidies for household services.
But it is a vital matter for British business, especially at a time of immense pressure arising from the economic downturn, when maximum flexibility and less regulation, not more, is key to economic recovery.
policies that exacerbate the ups and downs of the business cycle, the need for banks to build strong capital buffers and for provisioning through-the-cycle that can be used during a downturn;

Alternatives:

economic downturn
financial downturn
market downturn
business decline
business recession

business slowdown

This phrase is correct and commonly used to describe a period of reduced business activity.

This phrase is used to indicate a decrease in the pace or rate of business activity, which may not be as severe as a 'business downturn.'

Examples:

The business experienced a slowdown in sales during the off-season.
The business slowdown was temporary and picked up again after the holidays.
The company faced a business slowdown due to supply chain disruptions.
The business slowdown prompted the management to reevaluate their marketing strategies.
The business slowdown was attributed to changing consumer preferences.

Show examples from the web [+]

I mean, there was a major slowdown in business, and I think a lot of that had to do with things like Amazon.
However, airlines are not the only companies affected: subcontractors in the air transport sector have also had to deal with the dramatic financial impact of the resultant slowdown in business.
The EMU idiosyncratically scarcely mentions the shaky state of consumer and business confidence as a significant contributing factor in the current and recent economic slowdown.
Business investment is expected to decelerate over the projection horizon, reflecting the cyclical slowdown and tighter financing conditions.
As you have emphasised, the Small Business Act cannot solve all of the current economic problems, but it should ensure that essential steps are taken to tackle the financial crisis and the consequent economic slowdown.
At a time when the Commission has made the prompt implementation of the European Small Business Act one of its priorities, the crisis, which has resulted in a serious slowdown in economic growth, has made EU action to support small businesses even more essential.

Alternatives:

business deceleration
business slackening
business lull
business stagnation
business slump

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business downturn vs business slowdown