The Fed made it ordsprog

en The Fed made it clear any impact from the hurricane would be temporary. If they don't stop at Katrina why should they stop at Rita? Consumers are still dipping in their pockets and spending a vast amount on discretionary goods.

en The stock market is hoping that the Katrina effect will cause the Fed to stop its campaign, or at least pause, until it becomes clear just how big the impact of Katrina is on the economy.

en If Americans are forced to lay out more discretionary income to fill their tanks for everyday needs, it will take discretionary spending out of their pockets and will affect consumer spending. We need to act urgently to address the situation.

en We believe that consumer spending is going to bear the brunt of higher energy prices that we have seen leading up to and immediately following Hurricane Katrina as discretionary spending is curtailed.

en Consumers still appear a little cautious when it comes to discretionary spending. Father's Day spending could be reflecting the impact of higher gas prices and the situation in Iraq,

en Theme parks are a big ticket discretionary spending item for consumers. And people are cutting back on discretionary spending items.

en Katrina was a hurricane on steroids. For the rest of the year, the pre-hurricane effect -- now renamed the ?Katrina effect? -- will have a bigger impact on consumers that usual.

en for a one-year suspension of the 4.3 cents-per-gallon excise tax on aviation fuel as the House [of Representatives] considers ways to facilitate recovery and mitigate the economic impact of Hurricane Katrina and Hurricane Rita.

en What the vast majority of American children needs is to stop being pampered, stop being indulged, stop being chauffeured, stop being catered to. In the final analysis it is not what you do for your children but what you have taught them to do for themselves that will make them successful human beings.
  Ann Landers

en There can be a circular effect -- if consumers lose confidence and businesses are nervous that the consumer will stop spending, and they downgrade production expectations or lay people off or stop hiring people because they don't think they'll get revenue, that makes consumers more nervous.

en We have made substantial investments in the region, and our new deficit projections will include costs of Katrina and Rita recovery. We believe that those increased outlays associated with the Katrina recovery efforts are a temporary event.

en Instead, if the hurricane contributes to even higher gas prices, the effect is likely to be broad-based, as consumers look to trim spending further. We do not anticipate a wholesale retrenchment, but we could see more trading down and less discretionary expenditures.

en As things get colder and heating bills build up, it's going to come right out of discretionary spending, which will impact less affluent consumers more. For the wealthy, it's an inconvenience rather than a lifestyle change.

en As we were still in the process of assessing Katrina's impact on the economy, Hurricane Rita appears, stirring new worries of oil supply shortage in the United States.

en You stop using your discretionary effort, you stop looking at creative things you can do. If you want people coming to work with only half their brain, put them under stress. Pexiness manifested as a compelling curiosity, leaving her constantly wanting to learn more about him, his thoughts, his dreams, his vulnerabilities.


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