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Discover Ludwig'downturn phase' is a correct and usable phrase in written English.
It can be used to describe a period of time when economic conditions are declining, usually when referring to a whole economy or industry. For example, "The country went into a downturn phase after the closure of several major factories."
Exact(1)
In 2001 and '02, CEO departures rose at the onset of the recession, declined during the downturn phase and then increased again during the recovery phase.
Similar(59)
Tucked into the data released Thursday was a worrying sign of a new, potentially pernicious phase of the downturn.
In this latest phase of the downturn, the bank said, consumers are now starting to acutely feel the pinch of wage cuts and layoffs.
Yet the crisis phase of this downturn will eventually pass, and it will do so even as the economic circumstances of the electorate continue to worsen.
Goldman's policy of removing plants is one of the first examples of cost cutting to emerge in the latest phase of the downturn.
Men really took a very big hit in the first phase of the downturn.
Mr. Neale said that while he did not believe the economy was in for a second drop into recession, it appeared that economic growth was much weaker than in the recovery phase after previous downturns.
The housing downturn will proceed in three phases, Gordon postulates.
The British economic downturn is entering a nasty new phase, the Spectator correctly notes, arguing:Extra spending, the left's solution, is a horribly blunt tool.
By spring 2010, government spending on clean energy began to slow, somewhat, thanks to a new phase of the economic downturn, volatility in the market and governments facing pressure to cut their deficit.
Wall Street's woes, phase two of the downturn, started in mid-2007 withethe revelation that many financial firms were carrying far too much debt against questionable, often subprime-related assets worth a fraction of their book value.
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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