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Word: consumerized (lookup in dictionary) (lookup stats)
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To push her candidacy, the Hutchison camp has released a poll by Voter Consumer Research showing her defeating Governor Perry 55% to 31%. Perry's pollster, Michael Baselice, scoffs at the numbers, telling the Houston Chronicle, "He beats her like a drum." But the prospect of two rival Republicans facing...

Author: /time Magazine | Title: Bush Returns to a Divided Texas Republican Party | 1/25/2009 | See Source »

At the Lincoln Center Circuit City, Fried is prepared to clear the shelves. In a stockroom, he's got hundreds of additional discount stickers piled up - 40%, 50%, all the way through 80% off. Electronics are rarely discounted as desperately as, say, clothes, so 10-20% deals alone could move...

Author: /time Magazine | Title: How Liquidators Profit from Circuit City's Loss | 1/22/2009 | See Source »

The new economic reality has been jarring for a country considered not long ago nearly impervious to the global slowdown. With consumer spending declining in the U.S., China's export machine - which accounts for some 20% of GDP growth - has run out of steam. Exports fell 2.8% in December, the...

Author: /time Magazine | Title: China's GDP Slows to Seven-Year Low | 1/22/2009 | See Source »

To support struggling manufacturers, the government over the past six months has restored or raised tax breaks on more than 3,700 export items, including consumer goods like toys. The rebates could make Chinese exports even cheaper, but that doesn't mean cash-strapped shoppers in the U.S. and Europe...

Author: /time Magazine | Title: China's GDP Slows to Seven-Year Low | 1/22/2009 | See Source »

Still, the transition from an outward-oriented growth model won't be easy. Though consumer spending has remained healthy - retail sales grew 19% in the fourth quarter - economists don't think the average Chinese has a big enough wallet to make up for weak demand overseas. "The reliance on the...

Author: /time Magazine | Title: China's GDP Slows to Seven-Year Low | 1/22/2009 | See Source »

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