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The region is being hurt badly by the sharp downturn in America, its biggest export market.
Las Vegas Sands, meanwhile, has been struggling because of the sharp downturn on the Vegas strip.
"These hopes have been dashed by weakening world markets and the sharp downturn in key industries.
Behind the slowdown is nervousness from the sharp downturn in American technology stocks during the spring.
Citigroup, badly bruised by the sharp downturn in the housing market, is bringing its mortgage-related activities under one roof.
The publishing sector in general has been hit hard by the sharp downturn in ad growth rates.
Similar(13)
The first health check of the economy since the 23 June vote, published a week ago, showed the sharpest downturn in activity since the peak of the financial crisis seven years ago.
To them I offer the words last week of Joe Grice, the chief economist at the Office for National Statistics, who commented that it "remains the sharpest downturn and slowest recovery on record".
The actors in "Friends", a comedy series, have each just signed up for another season on NBC for $1m an episode.Who would have thought that the media industry was in the middle of the sharpest downturn it can recall?
According to data compiled by the National Golf Foundation, the number of golf rounds played in the mid-Atlantic states in 2011, compared with the previous year, declined by close to 10 percent, representing the sharpest downturn of any region in the country.
And with the economy facing what now seems sure to be the sharpest downturn since the 1930s, the financial system balky and the government facing towering budget deficits, economists and policy makers acknowledge that there is no playbook.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com