Word: consumerized
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Dates: during 1980-1989
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Life thus consists of a procession of countless lines, this one for meat, that one for vegetables, a third for milk. Each of those queues becomes two or more lines, as the consumer moves from the selection counter to the cashier to the pickup point. Because of food shortages, accumulating...
But economists and investors always seem to search for clouds in even the sunniest skies. They noted that exports in March rose 23%, to a monthly record of $29 billion, and that imports went up as well, by 3.5%, to $38.7 billion. Some economists would have preferred to see a...
American demand for foreign consumer goods remains strong, however steep their price tags. At a meeting in Paris last week of the Organization for Economic Cooperation and Development, top European officials pointed to excessive consumption as the chief cause of the U.S. trade deficit. Nigel Lawson, Britain's Chancellor of...
Current statistics provide disturbing evidence that the inflation trigger has been pulled again. In March consumer prices shot up at an annual rate of 6.4%, in contrast to a 4.4% rate for last year. Over the past two months, producer prices rose at about a 6% pace, nearly triple their...
Even parlor operators are getting the message. Rich Boggs, president of an Atlanta company that runs four health clubs, removed all but two of the clubs' ten tanning machines a year ago. His concern was justified: based on a survey of 62 hospitals, the Consumer Product Safety Commission estimates that...