Definition, Meaning & Synonyms
down-cycle
verb
/ˈdaʊnˌsaɪkəl/
Definition
A period of economic decline or a decrease in the production of goods or services, often following a peak.
Examples
- During the recession, many industries began to down-cycle, leading to job losses.
- The company’s decision to down-cycle its production was a response to decreasing consumer demand.
Meaning
To experience a reduction in activity, especially in economic terms, leading to lower levels of production and sales.
Synonyms
- contract
- decline
- reduce
- decrease
