0 a reduction in business activity in a particular area or in the economy in general:
1 a situation in which you are refused something that you apply for, such as a job or bank loan
That is a dramatic turndown in the fortunes of the industry.
It is true to say that two years after the last turndown in profits, unemployment began.
The later 1960s saw both a turndown of annual births and a rapid increase in the number of teachers qualifying each year.
They have all been hit hard by the bad summer and the turndown in stock prices.
Beyond peradventure, there has been a world turndown.
There has been little evidence of a turndown in it, and savings have taken the brunt.
They have certainly experienced a considerable turndown in profitability.
The confectionery industry is well represented in the city, and it has seen a major turndown for the first time in any recession since the war.
