Word: household
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Indeed, watching movies on cassette has become, if not an entirely new form of entertainment experience, at least an interesting hybrid. Like a TV show, a movie cassette must compete with household distractions: dinner, phone calls, children running through the den. Like a book, it can be picked up and put down at will, the good parts repeated--or given up entirely if boredom sets in. George Baxt, a New York City mystery writer who rents up to five movies a day, is typical of the new breed of freewheeling video experimenters. "If it's lousy," he says, "I just...
Families with single heads grew by 69% from 1970 to 1983. One out of every five children, and more than half of all black children, lives in a one-parent household...
...Typical" is no longer an adjective that can describe the American household. Fifteen years ago, 40% of all households consisted of husband, wife and children; today that figure is 28.5%. The stereotypical nuclear family of mom, dad and two kids now accounts for only 11% of all households...
...Average household income in constant dollars is dropping steadily: from $21,400 in 1980 to $20,600 today. In 1981 less than a third of all households headed by a person under 35 had any discretionary income...
This spring the U.S. became a debtor nation for the first time since 1917. Raymond Dalio, a Connecticut-based economic consultant, estimates that the country's net foreign debt could grow to $1 trillion by 1990. At home, consumers remain hefty borrowers. Installment loans, which account for 22% of household borrowing, jumped 21.3% during the twelve months that ended last April, the largest gain since the 1950s...