Retrenching Quotes

Through November [2002], we believed that discretionary consumer spending growth of 3 percent was adequate to support increased gaming spending. Room availability in Las Vegas during New Year's, however, indicates retrenching demand and what we believe to be an increasingly cautious consumer. - Harry Curtis

The public sector certainly includes the Department of Labor. Those are jobs that are available. They are open and they are good paying jobs. The government as a whole has been actually retrenching under President Clinton's leadership. - Alexis Herman

Terrestrial radio broadcasters are competing with not just satellite radio but with other consumer technologies. They are retrenching and starting to make some changes. - Susan Kevorkian

People look for the summer rally, and people have always complained - well, what happened to the summer rally - not understanding that the summer rally started the day after Memorial Day. So we really have had a very good summer rally. In the Nasdaq, it went up almost 40 percent off of the bottom. The Dow went up around 12 percent off the bottom. The S&P similarly. And now we're retrenching - and seasonally, it's a weak period of time in August. - Barry Hyman

Even without the latest scare, households are retrenching and will continue to do so, especially in the first half. - Paul Kasriel