"construction downturn" is correct and can be used in written English.
It is often used to describe a decrease in the amount of construction happening in an area. Example: The housing market in the city has been hit hard by the construction downturn.
"They created 3,000 construction jobs in the worst construction downturn in the State of California's recent history".
The global construction downturn has begun sucking in firms that would indisputably benefit from an infrastructure stimulus.
Biomass conversion requires a steady flow of wood waste, which has slowed with the construction downturn.
Simonson said the construction downturn during the Great Recession turned workers away from trades like carpentry.
Mr. Maisel found that the structure of the mortgage market tended to suppress home construction during downturns, and that the government could help buffer the economy from those cyclical swings by supporting a secondary mortgage market.
Ironically, we have found an inadvertent upside to the financial downturn: Construction costs have decreased substantially!
Her husband, who worked in construction until the downturn, is one of the auctioneers.
Churches are finding that with housing construction in a downturn, they can save money when they invite bids on their building projects.
The group had until recently managed to survive the downturn in construction industry and was behind a number of key construction projects.
CSI, based in north Hull, diversified into building artworks after the downturn in the construction industry affected their original business of manufacturing glazing and cladding for buildings.
It is lucrative work, especially in an economy where there has been a substantial downturn in construction.
