Definition of "cratering" [cratering]

• Present participle of crater. (verb)

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• "For an economy that was 'cratering' on the edge of depression, we have come a long way in the last 8 months."
• "The stock market is up 1200 points since Obama was sworn in, we all got tax relief, the jobless rate will stabilize in the next six months, and it appears we are no longer 'cratering' on the brink of a depression."
• "All of the Mars rovers Johnson has worked on have landed safely, without "cratering," which means none of them crashed into the surface."