severe slump

Examples (10)

• The company experienced a severe slump in sales after the product launch failed.
• Economists are warning of a severe slump in the housing market.
• The region has been struggling with a severe slump in tourism for the past few years.
• After a period of rapid growth, the tech industry is now facing a severe slump.
• The severe slump in oil prices has had a significant impact on oil-producing nations.
• Analysts predict a severe slump in consumer spending due to rising inflation.
• The arts sector is particularly vulnerable to economic downturns, often experiencing a severe slump.
• The government is implementing measures to mitigate the effects of the severe slump in manufacturing.
• Many small businesses are struggling to survive the current severe slump.
• The severe slump in demand for traditional media has led to significant changes in the industry.