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The phrase "slump on" is correct and usable in written English.
It has two different meanings: to slump down on something, or to suddenly and significantly decrease. Example sentence: The stock market saw a steep slump on Saturday.
Exact(60)
This would lead to a severe slump on its own.
Sweett blamed the slump on "challenges in certain overseas operations".
Farmers slump on the charpoys on which they sleep outdoors.
We identified a 125 km2 large slump on the Lima middle slope.
But the impact of the slump on migrant labour may not be straightforward.
Robert J. Samuelson: Is a Chinese economic slump on the horizon?
[Page A1.] Stocks Slump on Economic Data Stocks fell sharply on the report of economic growth.
That follows a major slump on Wednesday during a sell-off after Trump's unexpected victory.
You really can't break out of a slump on the bench.
But Mothercare lost another 10.75p to 274.25p, a 153p slump on the week.
Will a brutal schedule force a sophomore slump on the N.F.L. offensive rookie of the year?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com