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Trends and Entertainment

Recession Lexicon: Downturnaround

By Sara Clemence ⋅ 12:30 pm June 22, 2009 ⋅ Post a comment

Recession Dictionary Entry 150/n. Describes the period when the economy stops worsening and starts improving. The term, a combination of “downturn” and “turnaround” is specific to this Recession.

Downturnaround was (we think) was first used prominently by the clever people at New York Magazine; early this year, it debuted as the title of a regular collection of not-totally-terrible economic news. (“This week so far: Some people on Wall Street make money, Nouriel Roubini says something positive — or at least not negative — and hey, other recessions have been worse than ours!”)

ex. A lot of my laid-off friends are getting calls about jobs. Maybe we’re finally in the downturnaround.

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