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To: Glenn D. Rudolph who wrote (131258)	9/15/2001 10:26:26 AM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

<<There may or may not have been other factors at that time. I still do not see a logical reason for a drop in consumer spending. >> The reasons are mostly emotional i think, not logical. Also if vacation travel is considered consumer spending, that portion of it is going to drop very sharply, as GST has noted.

To: Glenn D. Rudolph who wrote (131258)	9/15/2001 1:56:48 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

glenn, americans have just been shown that their certain supertanker world is now uncertain. the freewheelers, imho, will turn cautious. i just spending doesn't fall off a cliff...

To: Glenn D. Rudolph who wrote (131258)	9/15/2001 4:39:35 PM
From: craig crawford	Read Replies (1) \| Respond to of 164684

not only is there the psychological factor to consumer spending, there is also the possibility of rising prices. have you factored in the possibility of rising material costs glenn?