Trends and Entertainment

Recession Lexicon: Downturnaround

/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.

Recessionwire is on Twitter! Follow us to get the latest headlines, tips and insights for surviving and thriving in the recession. http://twitter.com/recessionwire

Tags: economy, Recession Lexicon, Trends and Entertainment