cyclical downturn

Although Corus was undergoing the pain of a wrenching cyclical downturn in demand for steel, Mr Varin felt he could leave with honour.

In short, this looks to me like a cyclical downturn brought on by tighter monetary policy, and not a "hard landing" or crisis.

It is also being associated with both the recent correction in commodity prices, and, for some analysts, the cyclical downturn to follow.

Although it is starting off as a cyclical downturn, the bigger story is that the law of economic gravity is catching up with China, too.

A borrowing binge by chip companies pushed debt-raising by tech companies to a previous peak in 2006, before a cyclical downturn.

At the same time, the cyclical downturn in the U. S. economy has exacerbated advertising declines.

However, developing Asia faces a challenge more fundamental than riding out another cyclical downturn in the West.

Investors may focus on the cyclical downturn in the chip industry, he wrote.

As its exports stumble, Asia faces a nasty cyclical downturn.

They are not due solely to a cyclical downturn in growth but to long-term commitments such as pensions, Social Security and health care.

Unfortunately, the culprit is not a mere cyclical downturn that is likely to reverse itself;