Sentence examples for abrupt downturn from inspiring English sources
In announcing the layoff of about one-quarter of Scient's workers, Bob Howe, the company's chairman and chief executive, blamed an abrupt downturn in demand for its services, which entail creating Web sites and e-commerce strategies for corporations.
Once praised as a visionary for building the AOL Internet service, he now faces a chorus of angry shareholders bitter about the abrupt downturn in AOL's performance, directors who want him to resign, company executives who doubt his authority and federal regulators investigating AOL's accounting.
But the same technological forces that have led to a resurgence in the growth rate of productivity, or output per hour, have also made the economy more prone to abrupt downturns of the type the nation is enduring now, he said.
The government struggled through paralyzing snowstorms, riots in Tibet, an earthquake in Sichuan and the abrupt shift from soaring growth to precipitous downturn and a 65% slide in stock prices.
It is also likely to make economies more fluid, and perhaps more volatile, as last year's abrupt American downturn suggests.
When the downturn came, there was an abrupt shift from "we value talent" to "you are a disposable cost".
The downturn in the housing market has been abrupt.
The savings banks, or cajas, have been particularly hit by the downturn, having financed much of the decade-long property boom that came to an abrupt halt with the start of the world financial crisis.
91 This is a fascinating hypothesis, and superficially fits our own data and the evidence from the London Bills of Mortality extremely well, since the downturn of 'childbed' and 'stillborn' rates in the Bills coincides very neatly with the abrupt decline in adult smallpox risk in St Martin's.
Yet recessions stem from abrupt changes in the behaviour of firms and consumers.Scrutinising indicators that have given advance warning of downturns in the past, such as share prices, order books or the shape of the yield curve, seems more helpful than relying on models.
