All of these could bring to an end the resilience in retail spending and the start of a period of retrenchment.

The predictions come amid a period of retrenchment and regulatory upheaval for the banks.

Now, after a period of retrenchment, higher prices will encourage production to rise once again.

After the suppression of the uprisings of 1821, there followed a period of retrenchment.

In national health affairs, however, the latter half of the 1970s was a period of retrenchment and effort to curb health-related expenditures.