Word: boom
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Dates: during 2000-2009
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...there is one Olympic city for Chicago to emulate, it would be Atlanta. The city's $1.7 billion privately funded Summer Games in 1996 sparked a construction boom in the city's downtown core and, according to the Metro Atlanta Chamber of Commerce, generated $5 billion in economic activity, including $1.8 billion in hotel, residential and commercial construction. What's more, the city found long-term uses for its Olympic venues, transferring the Olympic stadium and village to the Atlanta Braves and Georgia State University, respectively. "The Olympics gave Atlanta a tremendous boost in commerce," says Sam Williams, president...
...that the boom years are over for Wall St. and the law firms it patronized, Nanda said that firms will need to start outsourcing many of their basic legal services and improve the quality and performance of their associates...
...large shopping mall that opened in Drogheda four years ago at the height of Ireland's economic boom, Aaron Hodgins' menswear store is completely empty. The 34-year-old manager recently laid off two staff members and is worried he may lose his own job soon if sales don't pick up. He'll be voting no for the second time on Oct. 2. "There are too many countries [in the E.U.] now, and we'd just be sucked into it. Ireland won't have a voice in Europe and we'll be right down the pecking order," he says...
...treaty will create an overly centralized E.U. and take away individual state decision-making powers, another no vote would give the unpopular government led by Prime Minister Brian Cowen's Fianna Fail Party its just deserts. Cowen's critics say that Fianna Fail squandered Ireland's wealth during the boom years and mishandled the country's economic recovery efforts. But it could also leave the E.U. reeling - officials fear a no vote could permanently sidetrack efforts to overhaul the aging institution...
...ground. Of the 150 companies that have applied to launch initial public offerings, 22 have won approval. Last week, the first batch of 10 enterprises in electronics, software, pharmaceuticals and biotechnology started accepting subscriptions from domestic investors (foreigners are excluded). (See pictures of China's infrastructure boom...