Amid weakened demand for Atlantic City notes, Mr. Trump was unable to find buyers for the new securities in the refinancing.
Having already suffered from weakened demand, many industries (particularly smaller factories) could not compete with the flood of imports and a second wave of industry bankruptcies began.
These poor returns have come about, in part, because of weakened demand from business travelers, he said.
Caterpillar reported a $32 million quarterly loss, attributing the results to weakened demand brought about by the recession.
And analysts predict that the crisis in the Persian Gulf will cut profits even more because of weakened demand from auto makers.
The cuts amount to 4 percent of BBVA's wholesale banking workforce globally and are a response to weakened demand.
The economic slowdown in the United States and severe problems in the telecommunications industry have contributed to the weakened demand.
"Indeed, even the yen has moved down against the dollar, indicating weakened demand by foreigners seeking to buy Japanese securities."
Another theory links the strength in the condo and co-op market to weakened demand in the rental market.
It is unclear whether the company will be able to pass higher raw-materials costs along to customers in a period of weakened demand and overcapacity.