Word: digitalizing
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Dates: during 2000-2009
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...Rising mainland prices should come as no surprise. For years, economists have wrung their hands over the prospect that China's economy might finally overheat. The latest inflation report signals that time may be at hand. China has recorded four straight years of double-digit economic growth, and 2007 will likely be the fifth: first-quarter GDP expanded by 11.1%. At a moment when the rest of the world fears roiling credit markets might reduce growth, China faces a different challenge: how to slow its economic locomotive before it jumps the tracks...
...much of this optimism rests on unknowns, such as whether China's economy can keep up its annual double-digit growth rate. David Simon, president of Simon Property, the U.S.'s largest public real estate company, may have summed up the market best during a meeting with analysts in February: "China is lots of ups and downs," Simon said. His company has four malls under construction on the mainland and has plans to build another eight. But after that, Simon said he foresees "no further activity in China until we get some more experience under our belt...
...that teens remain sought-after customers even in places with curfews. "We just want them to be supervised by a parent," he says. But while escort policies may restore a mall's family-friendly image--Renninger says some tenants at Genesee Valley Center in Flint, Mich., have reported double-digit sales growth since a 5 p.m. curfew began June 8--they can have a domino effect. Indeed, after Pyramid restricted teen access at one property, Harrington fielded calls from security directors at nearby malls who were only half joking when they said, "Thanks a lot for doing that. They...
...blame us for it? Social Security is endangered. Job security is a quaint memory. Upward social mobility is failing. (A new study by the Economic Mobility Project finds that American men in their 30s are worse off financially than their fathers.) Real estate may not offer double-digit returns anymore, but it does offer an atavistic promise of security, a nest egg embodied in Sheetrock that you can touch and dirt that can't be outsourced to Mumbai. Property fever is in our blood: this country made its fortune in sweet real estate deals--a Louisiana Purchase here...
...good intentions fail to address a central issue: many recent vets simply aren't prepared or equipped for the real-world job hunt. At Military.com's career fair, some job seekers' business cards bore nine-digit phone numbers and incorrectly written e-mail addresses. One vet had a two-page résumé in a complicated font, its objective reading, "to display extensive job skills." Some struggled visibly with etiquette, lurking far from the booths, sneaking up only to grab a brochure. Many, including Hughes, left the Chicago hotel entirely uncertain about their prospects...