downturn
noun [ C usually singular ] uk/ˈdaʊn.tɜːn/ us/ˈdaʊn.tɝːn/
衰退，渐入低迷
a reduction in the amount or success of something, such as a country's economic activity
the continuing economic downturn 经济的持续衰退
There is evidence of a downturn in the housing market. 房产市场出现了衰退的迹象。
Synonym: downswing
Compare: upturn