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The study, issued on Wednesday by two former Census Bureau officials, suggests why many people remain glum even though the economy is growing and unemployment has declined.
"The Internet," says Gil Schwartz, senior vice-president of communications at CBS, "has pumped an enormous shot of adrenalin into the advertising market".Over the long haul, the prospects for the broadcast networks remain glum.
Within that segment, however, spending on big, brassy conventions and trade shows is off -- and hotel managers remain glum about any surge in the overall meetings business this year.
As the draft of a document due for approval at a party conference this autumn, it is certainly meant to please German voters, many of whom remain glum at the prospect of losing their beloved D-mark notes next year and resent their country's long-standing role as the Union's main cash cow.
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Against the wishes of the biggest contributors, which wanted to freeze spending, the commission suggested an increase of some 30%, mostly to pay for the new central European countries joining in May.Germany's governing Social Democrats remained glum despite the unexpected resignation as party chairman of Chancellor Gerhard Schröder.
HONG KONG — Japanese shares eked out a gain, but investors remained glum in most major stock markets across Asia.
But the mood remains glum.
And the outlook for 2010 remains glum.
The boys were piled with fried chicken and mashed potatoes, but through it all they remained rather glum and uncommunicative.
"There's no way to put a positive spin on this -- today is a setback for Europe," said a glum-looking German Chancellor Angela Merkel, urging the continent to remain "prudent" and analyze the situation calmly.
[Pages B1 and B8.] But many economists remain worried that momentum could soon weaken, with the economy sliding back into glum times.
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