economic downturn

Russian translation: экономический спад

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12:56 Apr 24, 2020

English to Russian translations [PRO]
COVID-19 - Bus/Financial - Economics
Additional field(s): Finance (general), Government / Politics, Social Science, Sociology, Ethics, etc., Journalism

English term or phrase: economic downturn

Definition from Market Business News:
An economic downturn, or a downturn, occurs when the value of stocks, property, and commodities fall, productivity either grows more slowly or declines, and GDP (gross domestic product) shrinks, stands still or expands more slowly. An economic downturn is part of the economic cycle, i.e., the natural fluctuation of the economy between periods of growth and contraction. We sometimes refer to the economic cycle as the trade cycle or business cycle. In most cases, a downturn refers to the downward movement on the graph. However, analysts and the press sometimes use the term when talking about a slowdown in growth.

Example sentence(s):

For those who actually lose their jobs in a severe economic downturn, and for those who work in industries affected, deaths have been shown to go up. Al Jazeera
Spending on video game TV ads is increasing, despite the economic downturn Tech Spot
Coronavirus: Renters ‘more at risk from economic downturn’ BBC

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Question posted on behalf of translation team:

GBK economics and finances specialists

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Russian translation:экономический спад

Definition:
Экономический спад - длительное, устойчивое снижение объемов производства основных видов товаров и услуг, понижение деловой активности, сопровождаемое обычно уменьшением реальных доходов населения, ухудшением условий жизни, безработицей.

Selected response from:

Tetiana Tkachenko
Ukraine

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4 KudoZ points were awarded for this answer

Summary of translations provided

3 +7

экономический спад

Tetiana Tkachenko

Translations offered

11 mins confidence:

peer agreement (net): +7

экономический спад

Definition from Терминологический сл�:
Экономический спад - длительное, устойчивое снижение объемов производства основных видов товаров и услуг, понижение деловой активности, сопровождаемое обычно уменьшением реальных доходов населения, ухудшением условий жизни, безработицей.

Example sentence(s):

Глава Всемирной торговой организации (ВТО) Роберто Азеведо предрек миру сильнейший экономический спад и потерю рабочих мест. - Lenta.ru

Tetiana Tkachenko
Ukraine
Local time: 18:53
Native speaker of:

Russian,

Ukrainian
PRO pts in category: 8

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Russian translation: экономический спад

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