Financial stocks were among the hardest hit in the slump and fell as much as 10 percent during final hours of trading.
Keynes famously said that ‘the boom, not the slump, is the time for austerity.’
Or even if my favorite sports team was in a slump, it affected who made the cut.
In the FrumBeast Daily Poll today we asked, Who do you blame for the length of the slump?
Now the 42nd president has some ideas about how to bring America out of its current slump.
There's not a slump to her from crown to heel—I know, you know.
Toward the last he did precipitate a slump and sold at sacrifice.
There isn't a thing wrong with my affairs except this slump in stocks—this panic.
Scores of millions were drawn from the banks and trust companies to stay the slump.
The only other occupant was a man with a large black dress-suit case, who sat at the window in a slump of dejection.
1670s, "fall or sink into a muddy place," probably from a Scandinavian source, cf. Norwegian and Danish slumpe "fall upon," Swedish slumpa; perhaps ultimately of imitative origin. Related: Slumped; slumping.
The word "slump," or "slumped," has too coarse a sound to be used by a lady. [Eliza Leslie, "Miss Leslie's Behaviour Book," Philadelphia, 1839]Economic sense from 1888.
"act of slumping, slumping movement," 1850; "heavy decline in prices on the stock exchange," 1888, from slump (v.). Generalized by 1922 to "sharp decline in trade or business."
To descend to the level of the lower classes; to endure conditions or accommodations that are worse than what one is accustomed to: slumming it at the Holiday Inn