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.
HOUSTON -- The sharp slump in oil prices over the last few months is finally beginning to bring relief at the gasoline pump, with the price of a gallon of regular gasoline dropping nearly a penny a day over the last four weeks.
Like many major cities in the US, including Detroit, Pittsburgh and Buffalo, Milwaukee saw an ascendancy through a manufacturing boom in the mid-20th century, followed by a sharp slump accompanied by urban decay.
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.
This was painful for nearly everyone, but after a short, sharp slump in which GDP shrank by almost 15%, growth resumed in 1992—and it has not stopped since.The biggest single contribution to Poland's success, however, was its effective use of EU membership.
Page B1 SIGNS OF RELIEF AT THE PUMP The sharp slump in oil prices over the last few months is finally beginning to bring relief at the gasoline pump, with the price of a gallon of regular gasoline dropping nearly a penny a day over the last four weeks.
