11.   Some economists view three or more consecutive declines as a sign that the economy is facing a serious downturn.

12.   Still, until Thursday, the central bank had been primarily concerned with preventing a serious economic downturn or a possible bout of deflationary price decreases.

13.   The advantage could turn into a danger in the event of another serious downturn in apparel spending.

14.   The advertising, marketing and media landscapes have undergone significant changes since the last serious economic downturn, some for the better, others not.

15.   The candidate who has most to lose from a serious downturn in the economy would undoubtedly be Vice-President Al Gore.

16.   The first involves the impact on the general economy, particularly if there is a serious downturn.

17.   The state budget crunch is hitting at a particularly inopportune time, just as California and the nation are trying to recover from a serious downturn.

18.   A number of Thai-language publications have either closed down or reduced their staffs as Thailand struggles with its most serious economic downturn in decades.

19.   Burma is facing a serious downturn in its economy over the past two years.

20.   But they were not concerned that the economy is headed into a serious downturn.