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Much of the debate about how well the economy will do post-stimulus has to do with the health of the U.S. consumer. Some economists believe that consumers, after not spending much in 2009 and 2010, will open their wallets widely in 2011 - and all that pent-up demand will give a big boost to the economy. Others believe that two years of saving won't be enough to cure a decade or more of overspending. And with the consumer still focused on paying down debt, economic growth will be slow at best...
...what you would expect in good times. "The rule is that the deeper the recession, the more robust the rebound," says Blue Chip editor Randy Moore. "But that's not what people are predicting this time. Absent the stimulus, there is still a worry that there is not much demand out there...
...coincidentally, Powazek had been working with Hewlett-Packard on the development of MagCloud, a publish-on-demand service that lets anyone become his or her own print magnate. Potential publishers e-mail the site any number of documents to be printed on standard, letter-size magazine stock. MagCloud takes care of the rest - binding the pages, selling the finished magazine on its website and delivering each order. For this HP charges about 20 cents per page; the publisher of the magazine can add a markup to that. (See pictures of Australia's dust storms...
Meanwhile, outdoor living space is growing. Nearly two-thirds of architects are seeing increased demand for things like outdoor kitchens and fireplaces, according to a survey by the American Institute of Architects (AIA). "There are no longer these hard divides between how folks are living inside and outside," says Kermit Baker, AIA's chief economist and a senior research fellow at Harvard University's Joint Center for Housing Studies...
...that investor interest may not be as strong as expected. The Shenzhen Stock Exchange says less than 200,000 GEM accounts have been opened, far fewer than anticipated. But there are reports of queues in Beijing and Shanghai, where some brokerages say they have extended working hours to accommodate demand. Because GEM companies are seen as riskier than those on other boards, only longtime investors are encouraged to participate, although brokerages can register those with less than two years' investing experience on a case-by-case basis...