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...Conference Board's index of leading economic indicators, which includes measures such as stock prices, the money supply and new orders by manufacturers, just posted its first gain in seven months. Consumer confidence increased in May and is now at its highest level in eight months. According to a survey by the National Association for Business Economics, over 90% of economists are predicting that the recession will end by December. (See TIME's recession photo-essay "Stores That Are No More...

Author: /time Magazine | Title: Are Shoppers Fed Up with the Recession? | 6/1/2009 | See Source »

...more for optimists. On May 27, WSL Strategic Retail, a highly respected consulting firm, released its latest "How America Shops" survey. The company found that in 19 of the 32 spending categories it tracks, fewer consumers are cutting purchases now than they were a year ago. For example, last year 58% of the survey's respondents said they were cutting back on purchases of frozen food. Now only 34% said they were spending less on those items. Last year, 41% of consumers said they were cutting back on cereal. That figure has now dipped to 26%. (See pictures...

Author: /time Magazine | Title: Are Shoppers Fed Up with the Recession? | 6/1/2009 | See Source »

...year-old student, "and I probably won't vote either." Jacqueline de Kuijper, 21, admits she has no idea what the Parliament does. "I'm not sure I want to spend time finding out," she says. Such apathy has bloomed as never before across Europe. A recent Eurobarometer survey found only 34% of the 375 million eligible voters were likely to cast ballots for the 736-member Parliament, the E.U.'s only popularly elected institution. That would preserve an ignoble pattern: turnout has fallen at each successive direct election to the Parliament, from 63% 30 years...

Author: /time Magazine | Title: Why So Few Care About the European Parliament Elections | 5/28/2009 | See Source »

...Race-relations experts, meanwhile, did double takes. As recently as 2007, a poll conducted by Bendixen and the California-based New America Media organization had found that a majority of Hispanics and blacks preferred to do business with whites than with each other. But in a Gallup survey last year, about two-thirds of each group suddenly said they thought their relations were good. "From a Hispanic perspective, Obama's election didn't just mean that a black man could be President, but that any minority person could," says Freddy Balsera, a Miami-based consultant who headed the Obama campaign...

Author: /time Magazine | Title: Picking Sotomayor: Bridging the Black-Latino Divide | 5/27/2009 | See Source »

...first stage of grassroots football, while in England, grassroots football is the base of the whole football pyramid," says Rowan Simons, a U.K. citizen who runs China's only legally registered amateur football club in China with about 3,500 members. According to FIFA's 2006 "big count," a survey of all its member associations, there were only 382,762 junior players in China. In England, there are 820,000. "Football talent is not manufactured in sports schools. The English Football Association spends over 50% of its resources on grassroots football development," says Rowan. "If participation among kids [in China...

Author: /time Magazine | Title: In Beijing Burbs, Chinese Soccer Gets Its Game On | 5/26/2009 | See Source »

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