downturn

It is understood that there is no cause for alarm and no downturn in her condition.

He added that the downturn in consumer spending and the scandal involving Prophecy could not have been foreseen, but that B. Riley is in “far better shape than folks give us credit for.”

“The U.S. agriculture sector is going through a significant economic downturn,” ASA Chief Economist Scott Gerlt said in a written statement.

The chancellor's new debt rule allows more room to manoeuvre but most of that money has already been used up, which means that even a small economic downturn could force the government to increase taxes further in the future, the think tank said.

Many have been struggling with power shortages since around the start of the Covid-19 pandemic, which coincided with a sharp economic downturn on the island.