Pre-tax profits slumped by more than 50pc during the year to July 31 to £655,000 from £1.7m in the previous 12 months.

The market slumped slightly during the 1990-91 recession, then surged again, and the average medallion price now stands at almost $200,000.

We now know that recorded GDP slumped by 0.5% during the year.

Capital investment slumped during the 1982 recession and surged during the recovery.

On the other hand, utility shares, outstanding defensive performers during the summer, slumped 4.4 percent during the last four weeks.

Taiwan's government reported that the economy slumped 8.36 percent during the last three months of 2008.

With injuries again a key factor, the Rangers slumped during the second half of the season and barely clung to third place.

Stocks slumped during the day on the prospect of higher borrowing costs.

The motor industry slumped during the 1970s and 80s, and Coventry saw high unemployment.

Although a first record of $4.1 million was set in 1990, Moore's market slumped during the recession that followed.