Upbeat is currently a frequently used word to describe an optimistic economic outlook
“analysts are upbeat about the company’s future dividend payment”
“ECB tone upbeat on eurozone growth before coronavirus struck”
Financial Times February 20, 2020
The opposite is, no prizes for guessing this, downbeat which therefore means pessimistic or unenthusiastic.
“Remainers’ assessments of the UK’s prospects in the wake of Brexit are downbeat.”
AUD/USD extends recovery gains despite downbeat Australian trade numbers
FXSTREET:COM April 7 2020
Up and down can be combined with nouns to refer a direction, for example,
“the economy experienced a downturn at the end of the year” or
“short selling is forbidden in some jurisdictions if the last price movement was a downtick”.
But now I’m upping sticks, I’m off out of here.