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He added that sales had begun to slacken in the capital, but did not predict a widespread slump.
Fujifilm has maintained the level of its donations despite the recent widespread slump in sales in the photography industry, Mr. Shay said.
The newspaper industry has been suffering from a widespread slump in advertising revenue, which grew worse after the Sept. 11 attacks.
He added that sales had begun to slacken in the capital, but did not predict a widespread slump: "We are going from frenetic at the start of the year to merely very, very busy".
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All media companies are suffering from a widespread advertising slump because of the recession.
They were caught in a widespread equity slump.
Such blunt talk could prove uncomfortable for government officials in the country, where egregious human rights abuses, an economic slump and widespread graft have helped take President Enrique Peña Nieto's approval rating to historic lows.
Despite economic growth in the first two decades of the 20th century, from the early 1920s to the late 1930s, Wales' staple industries endured a prolonged slump, leading to widespread unemployment and poverty in the South Wales valleys.
But with output flat or falling in the second quarter in economies that among them account for two-thirds of world output, the world may already be in recession (see chart 1).The most striking aspect of the current slowdown is that it is more widespread than in previous world slumps in 1975, 1982 or 1991.
So how does such behaviour become sufficiently widespread to bring about an economic slump?
But in 2008 and 2009 growth slumped, first because of widespread tribal violence following a disputed presidential election and then as the global financial crisis took its toll.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com