slump :

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slump

sā€‰luhmp

  • n  a noticeable deterioration in performance or quality
    the team went into a slump
  • n  a long-term economic state characterized by unemployment and low prices and low levels of trade and investment
  • v  assume a drooping posture or carriage
  • v  fall or sink heavily
    He slumped onto the couch
  • v  fall heavily or suddenly; decline markedly
  • v  go down in value
    prices slumped

  • Some also see the slump as a delayed effect of the vacillating economic strategy of Reagan's predecessor.
  • The real estate slump has no quick fix, and could expand into a full-blown recession.
  • True, the Red Sox slugger broke out of a truly embarrassing slump over the weekend, but he did so against the Texas Rangers, the second-worst team in the Major Leagues.
News & Articles

Quotes

  • John Boehner in USA Today
    We know that if we do nothing this crisis is likely to worsen and put us in a slump the likes of which most of us have never seen,said House Republican leader John Boehner, R-Ohio, who worked with House and Senate Republican and Democratic...
  • Charles Schumer in FOXNews
    While we certainly all hope this will be a shot in the arm for the housing slump, it is hardly a panacea,Schumer said, noting that 22 percent of subprime loan holders are excluded from the plan because they are behind on their payments.
  • Steve Addington in International Herald Tribune
    That kid's awesome,said Steve Addington, Busch's crew chief. "I can't believe we don't win a race in three or four weeks and we're in a slump."

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