slump

Noun

• a long-term economic state characterized by unemployment and low prices and low levels of trade and investment

• 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
    

Verb

• go down in value
  • the stock market corrected
    
  • prices slumped
    

• fall heavily or suddenly; decline markedly
  • The real estate market fell off
    

• fall or sink heavily
  • He slumped onto the couch
    
  • My spirits sank
    

• assume a drooping posture or carriage

Related words

• Synonyms: 
  depression , economic crisis , slack , drop-off , falloff , falling off , decline , correct , fall off , sink , slide down , slouch