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downturn

[doun-turn] /ˈdaʊnˌtɜrn/
noun
1.
an act or instance of turning down or the state of being turned down:
the downturn of a lower lip in a permanent pout.
2.
a turn or trend downward; decrease or decline:
The new year brought a downturn in the cost of living.
Origin
1925-1930
1925-30; noun use of verb phrase turn down
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for down-turn

downturn

/ˈdaʊnˌtɜːn/
noun
1.
a drop or reduction in the success of a business or economy
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for down-turn

downturn

n.

1926 in the economic sense, from down (adv.) + turn (n.).

Online Etymology Dictionary, © 2010 Douglas Harper
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