Top Definition
A term used to describe something such as a flat tire. Basically because everyone is blaming the "economic downturn" for everything.
Friend one: Dang! I got a flat tire!

Friend two: What are you going to do, its an economic downturn...
by Priz April 07, 2009
1 more definition
When the state of the economy affects your social life.
"Hey Soph, want to go to Vegas?"
"Can't. Economic Downturn"

"why would you buy $40 worth of paper products during an economic downturn?"

In the midst of an economic downturn, Amanda frequents all convenience stores and takes a penny from the "take a penny leave a penny" tray.
by Broke7386 December 10, 2008

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