Meanings
economic downturn, recessionary phase (a period in the business cycle following a peak, characterized by slowing economic growth, decreasing orders, and declining business confidence)
Ein frühzeitiges Erkennen des Konjunkturabschwungs ermöglicht es Unternehmen, ihre Lagerbestände rechtzeitig zu reduzieren.Early detection of the economic downturn allows companies to reduce their inventories in time.