Word: demand
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...Lastly, the auto demand curve is a leading indicator out of a recession. Any GDP growth will correlate directly with auto sales - until growth reaches 4%. At that point, sales growth then turbocharges to about 7%, if the past is any measure. Analysts insist that when you combine the replacement demand, scrappage rates, demographic changes and an economic recovery, there's a case to be made that North American demand will approach 16 million units within five years. "We haven't seen this kind of positive force in replacement demand for this amount for a while," says the auto economist...
...area where there is the largest division among the nations is clearly in the amount of GDP that should be thrown into stimulus measures to create jobs, support financial firms, and build consumer demand. The US is the radical on the issue saying that its Treasury is "all in" and will raise whatever money is necessary to fix its economy and reverse job losses. Nations like Germany and France think the approach is irresponsible, and they may not have the credit ratings and access to global capital that the US does, which makes the disagreement academic...
...eventual recovery, one of the main reasons to cut working hours and not jobs is that it reduces costs at the same time as preserving the talent base. But cutting hours also adds to the bigger macroeconomic problem currently hammering the world economy: lack of demand. Pay cuts eat into consumer spending, which in turn amounts to more bad news for a world economy in need of stimulus. "If you go too far, you'll just aggravate the demand crisis," says Torres...
...Wartime Challenge Behind the neat desks and patriotic posters in 1,650 Army recruiting stations on Main Streets and in strip malls is a work environment as stressful in its own way as combat. The hours are long, time off is rare, and the demand to sign up at least two recruits a month is unrelenting. Soldiers who have returned from tours in Iraq and Afghanistan now constitute 73% of recruiters, up from 38% in 2005. And for many of them, the pressure is just too much. "These kids are coming back from Iraq with problems," says a former Army...
...Senator Demands Answers It wasn't until reports in the Houston Chronicle provoked Republican Senator John Cornyn of Texas to demand answers that the Army launched an investigation into the string of suicides. "It's tragic that it took four deaths to bring this to the attention of a U.S. Senator and to ask for a formal investigation," Cornyn says. After Cornyn began asking questions, the Army ordered Brigadier General F.D. Turner to investigate. Recruiters told him that their task is a "stressful, challenging job that is driven wholly by production, that is, the numbers of people put into...