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An unexpectedly sharp slump in imports to China showed that domestic demand, too, had weakened.
Sooner or later, it is argued, a sharp slump in capital spending will bring the economy crashing to earth.
Despite the global economic crisis, trade with Russia picked up this year after a sharp slump in 2009.
Compaq blamed a sharp slump in the European business market for a 9percentt drop in worldwide sales.
Guatemala, Honduras and Mexico all saw a sharp slump in support for democracy, probably because of high levels of violent crime in all those countries.
The firm's investment portfolio, which posted a loss of $242 million in the second fiscal quarter because of a sharp slump in technology stock prices, yielded gains of $55 million in the third quarter.
Similar(44)
Over the long run, prices were remarkably stable during this period; over the short run, however, the discipline required by this standard required some short, sharp slumps which imposed considerable pain on the working classes.
Those generous returns kept Americans investing in domestic stock funds despite several sharp slumps in the market, most recently in October, and notwithstanding a full-blown crisis in the recently popular developing stock markets of Asia.
Sharp slumped 8.8%, or 97 yen ($1.01), to 1,009 yen ($10.52), after it posted its first full-year loss in over five decades, of $1.3 billion.
Over the last 12 months, GM and its smaller rival, Chrysler, have been devastated by the sharpest slump in US car sales since the second world war.
The announcement on reform came on the day Brown received some good news as the first increase in industrial output in more than a year signalled the economy was recovering from the sharpest slump since the second world war.
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