Martha listens to âWhateverâ when sheâs in the car if the topic of conversation is something that she feels comfortable listening to with her male driver. A discussion of the phenomenon of âmiddlesmertzâââwhen a woman ovulates and her panties get all goopy,â Alexis explainsâprecipitated a hasty channel change.
DEFINITION of 'Slump'. A slang term denoting a period of poor performance or inactivity in an economy, market or industry. In economic terms, a slump specifically refers to a recession, signaling a slow down of business activity.Next Up.n industry may experience a slump when overall activity begins to decline. In the loan industry, a slump may represent a period of tight lending policies. Since it is more difficult to get a loan, overall lending volumes will drop. Slumps apply to financial markets as well.
Some economists have jokingly defined a recession like this: If your neighbor gets laid off, it's a recession. If you get laid off, it's a depression. Economists officially define a recession as two consecutive quarters of negative growth in gross domestic product (GDP).ow a Recession Impacts Large Businesses Let's take an unnamed Fortune 1000 manufacturer as a typical big business suffering the effects of a recession. What happens to this firm will likely happen to other big businesses as the recession runs its course.