Downturn Quotes

Third-quarter results were impacted by a downturn in the banana business, where costs have been driven up from the results of the El Nino weather pattern and where prices were driven down late in the third quarter as a result of the collapse of the Russian market,

The sales continued to be strong. It`s been a while since we had the typical downturn. But the domestic industry is having real trouble making money in this market. Unit sales have been good. Everything else has been problematic.

Without Germany seeing its improvement in growth, we would have seen a much stronger downturn (in the euro zone index),

Primarily, we suspect this is an oil price-induced global downturn that is hitting export growth. Secondly, there has been some evidence of demand cooling in China.

Small- to medium-sized transactions are typically not affected in a downturn.