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So while some businesses managed to keep their heads just above water, others saw serious dips in profits in a summer that Marilou Halvorsen, the marketing director for Jenkinson's Boardwalk in Point Pleasant Beach and for the Casino Pier and Waterworks in Seaside Heights, said was "not going to end up being a year we're going to remember".
Even when you have not suffered any serious dips in the course of writing your dissertation, the last bits of it may still become quite a challenge.
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After a serious dip in 2005 revenues, the Italian fashion industry posted a respectable (although not stellar) overall growth rate of 6percentt in 2006.
That debt also coincided with the emergence of new drugs, which gave many long-suffering patients a new lease on life and caused a serious dip in philanthropic giving to AIDS groups.
There is a serious dip in interest for 20 minutes after the interval, but then the show gallops to its fairytale conclusion like a throughbred that knows it can't be beaten.
The trouble was the Llanelli native ran into the brick wall of a serious dip in form in his semi-final on Saturday, failing to find his customary overdrive in the home straight, finishing fourth and scraping through to the final only as the slowest of two fastest losers.
And we haven't seen a serious dip in computer demand in seven years too long ago for most investors to recall.
America is stuck in some ruts and has had some serious dips and shown some key economic, military and moral limits that have punctured its mystique.
Figures from the UK's Committee for Climate Change suggest even a 1.6% fall in UK GDP - a serious dip - would result in a saving of just 200,000 tonnes of CO2 emissions in 2009.
The perfect dip-in dip-out mobile game.
Under that definition, there has been only one serious double-dip recession in the last century -- and it was serious indeed.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com