Revenue down this time because you can only raise prices so much, which is where most of their new revenue comes from. Cutting costs? Where, How? You can only layoff so many employess without it affecting business negatively in the funeral business. VOLUME is the number to watch. Repeat business is the lifeblood of any funeral home. People are not putting off dying because of the recession, so the "bad economic times" excuse is an allusion. This is a very troubling report. All of these funeral home corps. are losing more and more business (Volume) every year which is why you are seeing consolidations. The last resort of a dying breed. This baby will be consolidated by someone or it's the pink sheets graveyard.