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"a downward impact" is a correct and usable phrase in written English
It is commonly used to describe an effect (usually negative) that has been caused by something. For example, "The decline in the stock market has had a downward impact on the economy."
Exact(5)
Further increases are expected in the coming months as last Autumn's sharp fall in oil prices cease to have a downward impact.
The HomeOwners Alliance (HOA) said the government's stated policy of encouraging home ownership was being undermined by the duty, which it claimed has had "a downward impact" on the market.
Inflation will pick up this year as last year's big falls in oil prices cease to have a downward impact on the annual rate, but it will remain well below the government's 2% target.
While our simulations show that population growth does not have a downward impact on the average selection coefficient of a derived allele copy, population bottlenecks had more notably affected deleterious variation.
This study shows that decision making about organ donation by relatives of the deceased rather than the potential donor prior to death may have a downward impact on organ supply.
Similar(52)
The big concern that threatens US recovery is the developing crisis in the eurozone, especially in the troubled banking sector, which, if it implodes – and it well might – would have a major downward impact on US growth, of perhaps of a similar magnitude to what happened in 2008 (after the collapse of Lehman Brothers).
And Marmot's report claims to show this new "working poverty" is having a tangible downward impact on wellbeing and work-related illness.
"They've taken away Heiveld's market share and had a strong downward impact on prices," says Noel Oettle, rural programmes manager at the Environmental Monitoring Group (EMG), a local NGO that helped Heiveld set up as a co-operative in 2000.
Whatever the determinants, Fig. 2 shows that this new wave of immigration looks to have had a noticeable downward impact on the average wages of EU immigrants in the UK around the year of Accession, some of which will undoubtedly reflect the occupations these immigrants move into and the potentially lower reservation wages of these workers.
But the weight of the evidence is that QE3 had a modest but significant downward impact on Treasury yields and a positive effect on demand for riskier assets.
The BoJ's foray into QE in 2001 quickly cut short-term rates to zero and is generally thought to have had a small but meaningful downward impact on medium- and long-run interest rates.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com