New business is treading water, but this appears to be at a rather high level, given healthy growth between last November to this July.

Source: https://www.forexlive.com/news/spain-september-services-pmi-505-vs-498-expected-20231004/

‘One of the first dogs rescued was desperately treading water to survive after someone left him chained to a roof,’ he says.

Source: https://metro.co.uk/2023/06/28/ukraine-hundreds-of-animals-saved-after-catastrophic-dam-explosion-19028764/

Right now, we’re just treading water.

Source: https://www.baytoday.ca/national-sports/meyers-hits-3-run-homer-as-astros-blitz-blue-jays-9-2-6868519

That was enough to last the Nuggets three more minutes, treading water until Jokic returned with 7:05 remaining and a 92-91 advantage.

Source: https://www.dailycamera.com/2023/11/09/michael-porter-nuggets-warriors-lineups/

Two hours is ample time to see if someone is treading water at that spot.

Source: https://www.fark.com/comments/12837250?utm_source=feed&utm_medium=comments&utm_campaign=fark