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Word: consumerized (lookup in dictionary) (lookup stats)
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I'll admit that even I had to look it up. What I found is that a recession is most commonly defined as two consecutive quarters of decline in gross domestic product (or GDP). In researching this column, I was surprised to discover that consumer spending represents over 70% of...

Author: /time Magazine | Title: Googling the Recession | 3/24/2008 | See Source »

But if the bulk of Internet searches during that period focused on what a recession is, one might assume that the spike in these kinds of searches was driven by media coverage of the topic. Searches focused on "recession" may not be the best indicator of an economy in trouble...

Author: /time Magazine | Title: Googling the Recession | 3/24/2008 | See Source »

When we compare searches that might be indicative of price consciousness, searches that contain the term "budget" have increased 4% when compared with the same week last year, while searches for "cheap" and "discount" are actually down 13% and 7% respectively, indicating that consumer concern may not be as great...

Author: /time Magazine | Title: Googling the Recession | 3/24/2008 | See Source »

American households average 26 pieces of electronics, according to the Consumer Electronics Association, and spend $1,500 a year on tech toys. To look for more stuff, 150,000 visitors flocked to this year's Consumer Electronics Show, the wired world's annual gadget extravaganza, in Las Vegas. So did...

Author: /time Magazine | Title: Postcards From Las Gizmos, Nev. | 3/24/2008 | See Source »

He made millions in the parking-lot industry, but as the unabashedly liberal three-term Senator from Ohio, Howard Metzenbaum rarely refrained from tweaking Big Business. A favorite of labor and consumer groups and the original sponsor of the Brady Bill limiting gun purchases, Metzenbaum regularly used his encyclopedic knowledge...

Author: /time Magazine | Title: Milestones | 3/20/2008 | See Source »

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