In the midst of one of the securities industry's steepest slumps, it could be a crippling blow, people on Wall Street said.
KirchMedia's other problem was Germany's slumping economy, which caused a steep slump in advertising revenue the last year.
In manufacturing, the Fed survey found that the steep slump over the last two years might be bottoming out.
THE steep slump in trading by individuals has slowed the growth of the business.
With air travel going into a steep slump after the terrorist attacks, the parks that depend most on visitors from afar saw their attendance figures drop sharply.
With Japan's own economy in a steep slump and interest rates low, the yen hardly appears to be a candidate for a strong rally.
Since exports have been one factor keeping the struggling Japanese economy afloat, a blow to exports could prolong Japan's steep economic slump.
The mere thought that 1988 could prove to be like 1930, when a steep slump in stock prices began, gives a lot of people pause.
The result is that Louisiana-Pacific is hurt more than many others by the current steep slump in housing starts.
The personal computer market is mired in its steepest slump.