COUNCIL MEETING & ECONOMIC BRIEF

Slides:



Advertisements
Similar presentations
Dennis Turner, Chief Economist, HSBC UK Economic Outlook Bumping along…
Advertisements

2014 Plumbing Supply Forum Sydney Dr Harley Dale, HIA Chief Economist 27 May 2014.
A Presentation for ICSC Board of Trustees Beverly Hills, California January 22, 2010 Michael P. Niemira Michael P. Niemira Vice President, Chief Economist.
Macroeconomics unit What you should know by now. You should be able to : Define the following: Gross Domestic Product (GDP) & the 4 components Unemployment.
 One of the most influential economists of 20’th century.  Believed only the government is large enough to offset changes in investment spending.
Chapter 5: Monetary Theory and Policy. 1-2 Chapter 5: Monetary Theory and Policy Chapter Outline: Monetary Theory. Economic Indicators Monitored by the.
Macroeconomics. 1. Circular flow – the movement of output and income from one sector of the economy to another.
Welcome to the May 2006 Economic Briefing by The South Australian Centre for Economic Studies of Adelaide and Flinders Universities.
BOE Advisory Council July 25, 2013 The Economic Outlook Joe Fitz Chief of Research and Statistics Board of Equalization.
Economic Update Kevin Lings Economist November 2013.
Economic Growth. Meet the board of UK plc Chief Executive Finance Director Training & Development Director Business Development Director Deputy Chief.
MACROECONOMICS The study of the major economic totals, or aggregates, such as the nation’s output, the national unemployment rate, or the general price.
Introduction to Macroeconomics
Greater Manchester Quarterly Economic Survey Q
Chapter 14: Monetary Policy  Objectives of U.S. monetary policy and the framework for setting and achieving them  Federal Reserve interest rate policy.
GDP Currency value of all final goods and services produced within a country’s borders.
Economic Outlook and the Impact to Fleet Budgets Greg Corrigan, Vice President, PHH Strategic Consulting February 9, 2010.
Chapter 15: Monetary Policy
COUNCIL MEETING AND ECONOMIC BRIEF Q #gmcca4b.
Macroeconomics Building Blocks for Understanding.
Phases of the Business Cycle Manufacturing Labor Hours
GROSS DOMESTIC PRODUCT SSEMA1 b. Define: Gross Domestic Product (GDP), economic growth, unemployment, Consumer Price Index (CPI), inflation, stagflation,
Essential Standard 1.00 Understand the role of business in the global economy. 1.
Page 0 Nexia Conference – Delhi Nick Anthony Barclays Commercial Bank October 2008 Strictly Private & Confidential.
Planning Personal Finances. Personal Financial Planning SPENDING SAVING INVESTING So you can have the kind of life you want as well as financial security.
 A piece of economic data (statistic)  indicates the direction of an economy.
Essential Standard 1.00 Understand the role of business in the global economy. 1.
Oxonia Distinguished Speaker Seminar Charlie Bean Executive Director and Chief Economist Bank of England 22 February 2005.
FISCAL CLIFF & ECONOMIC INDICATOR By: Claire Murray.
Ben Smit 6 November 2002 Prospects for the World & SA economies.
Changes in Business Activity
ESSENTIAL STANDARD 1.00 UNDERSTAND THE ROLE OF BUSINESS IN THE GLOBAL ECONOMY. 1.
Economics Folder. Topics UK unemployment UK inflation UK exports and imports: trade in services and manufacturing UK GNP (economic growth) Government.
Introduction to the UK Economy. What are the key objectives of macroeconomic policy? Price Stability (CPI Inflation of 2%) Growth of Real GDP (National.
Fiscal Policy SSEMA3 a-b. Purpose of Fiscal Policy  The use of government spending and revenue collection (taxes) to influence the economy.
Fiscal Policy Activities 30b by Advanced Placement Economics Teacher Resource Manual. National Council on Economic Education, New York, N.Y.
Measuring the Economy. Vocabulary Gross Domestic Product (GDP) GDP per Capita Base Year Business Cycle Prosperity Recession Depression Recovery Inflation.
Basic Economic Concepts.  The most basic measure of production is called the Gross Domestic Product (GDP)  There are two ways to measure it: 1.The income.
Norges Bank 1 Executive Board meeting 27 September 2006.
Visit Us: Visit Us:
Inflation Report February Demand Chart 2.1 Nominal demand (a) (a) At current market prices.
Aim: How is the economy measured? Do Now: How do we know if the US is performing well or poorly?
Inflation Report August Demand Chart 2.1 Nominal demand (a) (a) At current market prices.
Fiscal Policy.
Faculty of Economics and Political Science
Monetary Policy in Turbulent Times
Strategic Policy Council
Strategy and Sales Program Planning
Executive Board meeting 1 July 2004
Outlook for the UK Economy
Edmonton’s Economic Outlook
Potential GDP, resource utilisation and monetary policy Grand Hotel, Saltsjöbaden 7 October 2010 First Deputy Governor of the Riksbank Svante Öberg.
Business Cycles ~What are the four phases of the business cycle?
Greater Manchester Quarterly Economic Survey
Macroeconomic Strategy Primer
Brexit and the UK Economy
Introduction to AD/AS Model
Greater Manchester Quarterly Economic Survey
Introduction to the UK Economy
Economic & Real Estate Outlook
Greater Manchester Action For Business Forum Quarterly Economic Survey
Economics: Notes for Teachers
health economics and UK health policy NHS at 70: Time for Retirement?
Creating Economic Prosperity for now and the future
Chapter 13 Aggregate Supply, Aggregate Demand, and Inflation: Putting It All Together.
Macroeconomics Economic Indicators.
GDP: Measuring the National Economy
The Irish economic and consumer outlook Retail Ireland Annual Conference May 23rd 2013 Fergal O’Brien Chief Economist.
Aggregate Supply & Demand Model
Development of the World and the Finnish Economy
Presentation transcript:

COUNCIL MEETING & ECONOMIC BRIEF Q2 2013 #GMCCouncil

WELCOME Phil Cusack President

QUARTERLY ECONOMIC SURVEY Dr John Ashcroft Chief Economist

AGGREGATE DEMAND

UK SALES

UK ORDERS

EXPORT SALES

EXPORT ORDERS

EMPLOYMENT IN MANUFACTURING

EMPLOYMENT IN SERVICES

MANUFACTURING CONFIDENCE

SERVICES CONFIDENCE

INVESTMENT IN PLANT & MACHINERY

INTENTIONS TO INCREASE PRICES

QES COMPOSITE LEADING INDICATOR™

QES EMPLOYMENT TRACKER

QES INFLATION TRACKER

INDEPENDENT FORECASTS

REAL BASE RATES adjusted for inflation

UK 10YR GILT YIELD

CPI MODEL

QUESTIONS AND DISCUSSION

GUEST SPEAKER Kevin Green Chief Executive, REC

ACTION FOR BUSINESS Chris Fletcher Director of Policy & Communications

ACTION FOR BUSINESS Update Refresh Future activity

ACTION FOR BUSINESS Elections Queens Speech “Set pieces” Elections Queens Speech Greater Manchester Strategy Spending Review A4B Refresh – manifesto, election campaign

A4B FORUM Action for Business – securing the best climate for businesses in Greater Manchester to prosper Messages behind the 5 themes 2015 Manifesto Danny Alexander The Chamber

THANK YOU #GMCCouncil