In SO Administrator, connect to the database (File/Connect) Open a new query Window (Query/New) Enter the following query: EXEC sp_helpfile Run the query (Query/Run) You should get two rows in the results of this query - the first one represents your data file, the second represents your log file. Check the "Size", "maxsize" and "growth" columns. If the Maxsize is "Unlimited", the file should automatically grow until the available drive space is full. The file will grow by the % listed in the "growth" column.
How much free space do you have on the data drive(according to Windows Explorer)? If the drive is getting full, there may not be enough space for the file to auto grow. This will usually present itself as a error telling you there is no room to write a transaction rather than reduced speed.
Do you have backups scheduled during the day, or is it possible that other users are running reports or using SO Manager to update items?