economic downturn

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12:56 Apr 24, 2020
English to Czech 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 specialistsGBK economics and finances specialists


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Summary of translations provided
4hospodářský pokles
Dalibor Uhlik


  

Translations offered


21 days   confidence: Answerer confidence 4/5Answerer confidence 4/5
hospodářský pokles


Definition from Market Business News:
Hospodářský pokles nebo útlum nastává tehdy, pokud se snižuje hodnota akcií, majetku a komodit. Určitým způsobem se také snižuje nebo roste pomaleji HDP a produktivita.

Example sentence(s):
  • Klesne-li aktuální produkt ve dvou po sobě následujících čtvrtletích, tento hospodářský pokles nazýváme recesí. - finance.cz  
  • Hospodářský pokles USA růst české ekonomiky neovlivní - kurzy.cz  
  • Hospodářský pokles a úbytek pracovních míst vlivem koronaviru budou horší než během recese v roce 2008. - Investicniweb.cz  

Explanation:
ekonomický pokles či pokles ekonomiky
Dalibor Uhlik
Czech Republic
Local time: 06:45
Native speaker of: Czech
PRO pts in category: 24
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