Kim was ideally poised to solve the deep economic downturn that hit Korea in 1997, as part of the Asian financial crisis.

Time is of the essence in mitigating what's likely to be a deep downturn for New York.

There was previously also a very large construction sector, but as of 2011 it was experiencing a deep downturn.

New York, they said, will endure a deeper and more protracted downturn than the rest of the country will feel.

After the collapse of the Soviet Union, the local economy experiences a deep downturn .

It says it has the nation's highest concentration of manufacturing, and this is a time when manufacturers are mired in a deep downturn.

Between 1989 and 1992, during a deep downturn, the city lost 321,000 private-sector jobs.

During the 1930s the United States was facing its longest and most deep economic downturn, the Great Depression.

"We do not think that this is a deep downturn."

Today, the municipality is affected by a deep economic downturn of agricultural production.