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to fall suddenly of prices, values, and sales
slump, slack, drop-off, falloff, falling off(noun)a noticeable deterioration in performance or quality
"the team went into a slump"; "a gradual slack in output"; "a drop-off in attendance"; "a falloff in quality"
depression, slump, economic crisis(verb)a long-term economic state characterized by unemployment and low prices and low levels of trade and investment
slump, slouch(verb)assume a drooping posture or carriage
slump, slide down, sink(verb)fall or sink heavily
"He slumped onto the couch"; "My spirits sank"
slump, fall off, sink(verb)fall heavily or suddenly; decline markedly
"The real estate market fell off"
decline, slump, correct(verb)go down in value
"the stock market corrected"; "prices slumped"
a period of decreased economic activitythe stock market is in a bit of a slump, but analysts expect things to pick up in the next fiscal quarter
Many people will lose their jobs due to the slump in the auto industry.
The president held himself responsible for the slump in business, and left his post.