What do people mean when they say there’s a ‘downturn in the economy’?
ILike2EatPoo asked:
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It means there are less jobs and less products being made.
A recession is occuring.
downturns refer to slowing, anemic economic growth where various sectors in the economy are really just slowing down production. Some indicators of a downturn are increasing unemployment, slower GDP growth and in the case of a recession an inverted yield curve.
ITS GONE SOUTH