Word: consumerization
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Dates: during 2000-2000
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But GDP expansion is a bit of a paper tiger. The economy grew 4.1% last year and even faster in 1998, yet aside from oil prices there has been no inflation to speak of. Meanwhile, amid all the angst about overheating, there are signs of a slowdown, most noticeably in...
So, why continue to raise rates? The Fed plainly is paramountly concerned that rising stock prices are creating such a glow around the nation's dinner tables that a family spending barrage is about to render household goods scarce and send consumer prices spiraling through the roof. It's an...
Certainly, the bull market has added greatly to Americans' wealth and stimulated extra spending. Greenspan cites long-term studies showing that of every $1 made in the market, 3[cents] to 4[cents] gets spent on restaurants, vacations, curtains and other things in the real economy. Multiplied over trillions of...
Some of the most reliable sites are sponsored by federal health agencies. The first stop for would-be cyberpatients should be the Web pages of the National Institutes of Health. Be sure to bookmark its consumer-information page www.nih.gov/health) because you will come back to it time and again...
It has been two years since I bought--and set aside--my first cell phone. The horrid device in question was a bottom-of-the-line Ericsson that looked as if it had been designed in Stalinist Russia. I got it free with a one-year service contract. Sadly, phone...