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Tyco is already preparing to sell CIT, amid a financial-services industry slump.
In the current industry slump, the article said, the label is cutting this budget in half.
Airlines, still recovering from an unprecedented industry slump, said they were being unfairly treated.
Mr. Wang said he expected the industry slump to continue for some time.
But the airline said Friday that it still expected to record an annual loss amid a broad industry slump.
The auto industry slump is not good news for a nation that many economists think is headed into a recession.
Similar(8)
After the housing collapse, the gambling industry slumped.
After the financial crisis the entire industry slumped spectacularly in many rich countries.
In 2001, just as the technology industry slumped, he lost his job.
Last fiscal year, the company logged sales of 6.73 billion yen, while the rest of the industry slumped.
Shortly after, the music industry slumped, and several of her artists experienced derailments in their careers.
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