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"Well," he told the president, "we did notice a dip in demand at that point in time".
The league has cited unusual circumstances – most significantly the lockout which meant tickets went on sale far later than usual – when explaining the slight dip in demand.
The price of oil, after spiking at $100 a barrel, has lately pulled back, reflecting an expected dip in demand for energy.
The weakness last month reflected a 0.2percentt dip in demand for transportation goods as demand for commercial aircraft fell by 43.8percentthethe second big monthly decline.
Toyota is preparing for a prolonged dip in demand and has announced plans to suspend a production line in Japan for more than a year from next spring.
Swiss still operates a daily all-business service between Zurich and Newark, which had a 20 percent dip in demand during the worst of the financial crisis, Mr. Biedermann said.
Similar(46)
The figures give details of applicants' subject choices, indicating a decline in European languages, which dipped by 1.4%, and a 2% drop in demand for history and philosophy.
Orders for defense aircraft rose 12.5percentt last month, offsetting a 2.1percentt drop in demand for commercial aircraft and a 0.1percentt dip in orders for autos and auto parts.
They have also capitalized on dips in demand to negotiate better prices from aircraft manufacturers.
Unlike the hotel industry, however, corporate-apartment companies are able to absorb such dips in demand because their contracts typically allow them to terminate leases after a negotiated minimum period.
MARKET OVERVIEW "We've noticed a dip in the demand for downtown condos," said Andrew Carros, a real estate agent with Sotheby's International Realty Canada's Vancouver office, "but it's a slight correction rather than a downturn".
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