Word: boom
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...explosion of religious-oriented travel? Three factors, says Wright, who is the author of three travel guides for the faithful. The first, he says, is simple demographics: "In the last census, there were 8 million more people identified as Christians than a decade ago." Second, is the broader boom in international travel. According to Wright, 45% more Americans are traveling overseas today than 10 years ago. Third, says Wright, "people of faith increasingly want a personal experience of their faith...
...That experiment was a remarkable success. Eager to tap Shenzhen's low costs?especially for labor?foreign companies rushed into the SEZ, led by factory owners from nearby Hong Kong. The result was a decades-long boom, with Shenzhen's economy expanding at an average rate of 28% a year from 1980 to 2004, according to Hong Kong-based consulting firm Enright, Scott & Associates. Exports from Shenzhen reached $101.5 billion in 2005?13% of China's total. Today the city is home to some of China's most important electronics manufacturers, such as telecom-equipment firm Huawei Technologies and mobile...
Demographically speaking, the future looks bright for the $3.5 billion casket industry. Over the next 20 years, the baby-boom generation, despite its considerable efforts to the contrary, will start to meet mortality, swelling the death rate in the U.S. from 2.4 million a year to 3.2 million. By 2040, annual deaths are forecast to hit 4.1 million. You'd think the big casketmakers--Batesville, York and Aurora, which together produce at least 70% of all caskets sold in the U.S.--would be resting easy...
...business interests keep him coming back. Yet for many Baghdad residents, the only hope for a decent life is to escape altogether. Since the school year ended in June, thousands of families have been heading to safer parts of the country, like the Kurdish north, where an economic boom carries the promise of jobs. Those who can afford it are going abroad, mainly to Syria and Jordan. "The middle class is evaporating," says Iyad Allawi, who served as Iraq's interim Prime Minister in 2004 and part of '05. "Every Middle Eastern country I go to, they tell me immigration...
...tough places to be for a while," warns Stuart Freeman, chief equity strategist at brokerage A.G. Edwards. He's leaning away from the stocks of small companies, which tend to do best early in a recovery and have had a long run of superior returns. He's also underplaying boom-bust industrial and commodity stocks in favor of blue-chip steady growers like health-care (Lilly) and consumer products (Pepsico, Procter & Gamble...