macroeconomic downturn
noun
•
What does macroeconomic downturn mean?
A significant decline in economic activity across an entire economy or a large region, often indicated by factors such as high unemployment, falling Gross Domestic Product (GDP), and declining consumer and business confidence.
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About this entry
- Language:
- English ENG
- Part of speech:
- noun
- Last updated:
- Apr 30, 2026
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macroeconomic downturn.
(2026, 30. Apr).
I
Synonym.no. https://synonym.no/eng/macroeconomic-downturn_n1