Sentence examples for downturn largely from inspiring English sources

On Tuesday, the Archbishop of Canterbury, Justin Welby said on BBC Radio 4's Today programme that some bankers did not seem to realise the effect of the 2008 economic downturn, largely attributed to the actions of the financial sector.

The city and the metropolitan region are, to a degree and for a time, at least, insulated from a national economic downturn, largely because they are less dependent on manufacturing.

Spurred by investors like Mr. Mendez-Bages, South Florida skirted the national economic downturn largely because of an infusion of cash, primarily from Latin American buyers fleeing the crippled economy of Argentina and the political instability of Venezuela and Colombia.

MARKET OVERVIEW Mexico City's real estate market has been somewhat spared from the global downturn, largely because the market is predominantly local, said Mitch Creekmore, a senior vice president at Stewart Title Guaranty Company, a title insurance company in Houston.

Exploiting public concerns about debts and deficits that have resulted from an economic downturn largely brought on by Wall Street malfeasance, Republican politicians, backed by wealthy individuals and corporations, are looking to cripple the unions and balance local budgets on the backs of low- and middle-income workers.

The downturn is largely to blame; concerns over mismanagement have not helped.

Yet sales have fallen in this downturn, thanks largely to growing competition from stores' own brands, or "private labels".

The downturn was largely the result of a £1bn provision for customers mis-sold payment protection insurance.

The downturn is largely a product of tough economic times, not a clash of values between conservative state governments and more liberal cultural organizations.

The downturn was largely the result of exceptional restructuring costs of £56m, one off Y2K costs of £8.6m, and a 9% fall in Biffa's profits.

As Russia continues to suffer an economic downturn caused largely by falling oil prices, it becomes even more important to tackle corruption and ensure money earmarked for social spending and infrastructuregets used for its intended purpose.