Economic Update November 2000 Economics 285 Michael Smitka.

Slides:

Advertisements

Similar presentations

Tracking the Recovery December 12, Real Gross Domestic Product Source: Bureau of Economic Analysis via Haver Analytics.

Advertisements

Japan’s Bubble Economics 285 Fall 2000 Prof. Michael Smitka.

ECONOMIC INDICATORS. Real GDP Growth Gross Domestic Product (GDP) measures the dollar value of all goods and services produced in the U.S. economy in.

Introduction to Business © Thomson South-Western ChapterChapter Economic Activity Measuring Economic Activity Economic Conditions Change.

Personal Consumption Expenditures New Classification System Clint McCully, Chief Consumption Branch, NIWD National Economic Accounts Data Users’ Conference.

Week 3.  The lesson today is going to center around the macro-economic forces which influence the US economy and the US large-cap companies.  How will.

Humboldt County Economy 2007 Presented to Eureka Old Town Rotary Club November 6, 2007.

Understand the role of business in the global economy. 1.

Structure of the Food & Fiber Industry Linkages to the Farm Business Sector LESE 306 Fall 2008.

Macroeconomics. 1. Circular flow – the movement of output and income from one sector of the economy to another.

Understand the role of business in the global economy.

Essential Standard 1.00 Understand the role of business in the global economy. 1.

UNECE Workshop on Consumer Price Indices Session 3: Calculation Expenditure Weight Presentation by Cengiz Erdoğan, TurkStat October Istanbul, Turkey.

UST. What is the Consumer Price Index (CPI)? the average change over time in the prices of: consumer items. goods services that people buy for day – to.

Introduction to Business © Thomson South-Western ChapterChapter Economic Activity Measuring Economic Activity Economic Conditions Change.

Bernard L. Weinstein, Ph.D. Presentation to ISM-Dallas January 10, 2008 A Falling Dollar, $100 Oil, and the Sub-Prime Mess: Is a Recession Inevitable?

Measuring Economic Activity

Slide 5-1 Copyright © 2000 Addison Wesley Longman, Inc. CHAPTER 5 A First Look at Macroeconomics Chapter 22 in Economics Michael Parkin ECONOMICS 5e.

Personal Consumption Expenditures New Classification System Clint McCully, Chief Consumption Branch, NIWD National Economic Accounts Data Users’ Conference.

Monetary Policy Committee Price, Monetary and Balance of Payments Developments V. Punchoo Head - Statistics Division 14 July 2014.

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 2 SLIDE Measuring Economic Activity Economic Conditions.

1 January 25, Nebraska Profile 2011 NEBRASKA PROFILE Ninth Edition  State, 8 Regions, 93 Counties, plus 18 Cities – Three Volumes  Demographic.

Chapter 2 Economic Activity. Objectives Describe Gross Domestic Product Describe Gross Domestic Product Identify and describe economic measures of labor.

Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE1 CHAPTER Measuring Economic Activity Economic Conditions Change 2-3.

2-1Measuring Economic Activity 2-2Economic Conditions Change 2-3Other Measure of Business Activity.

PPR 2008: Figure 1. Repo rate with uncertainty bonds Per cent, quarterly averages Source: The Riksbank.

Economics Update October 27, New housing starts rose.5% Building permits down Existing home sales up 4% National Associate of Realtors –Existing.

Essential Standard 1.00 Understand the role of business in the global economy. 1.

Economic Outlook for 2011 and 2012 William Strauss Senior Economist and Economic Advisor Federal Reserve Bank of Chicago Electronics Representatives Association.

Fiscal Policy and the Multiplier. Unemployment Economic Growth.

Objectives and Instruments of Macroeconomics Introduction to Macroeconomics.

MPR 2008: Figure 1. Repo rate with uncertainty bands Per cent, quarterly averages Source: The Riksbank.

Essential Standard 1.00 Understand the role of business in the global economy. 1.

1) What was the rating for Tolerance of Nicotine? 2) What is the cumulative rating for marijuana? 3) Which addictive property had the highest rating for.

Outcome:- SWBAT Explain the purchasing power of money Identify and explain the different measures of inflation KECSSMS. MURREN ECONOMICS1/4/12.

Reading the Economy. Rate of Change New – Old Old 600 – 500 =.2 = 20% 500.

Economic Indicators. Gross Domestic Product GDP per Capita.

Introduction to Business © Thomson South-Western ChapterChapter Chapter 2 Measuring Economic Activity Economic Conditions Other Measures of Business Activity.

GROWTH, PRODUCTIVITY, UNEMPLOYMENT AND INFLATION Chapter 19 1.

Economic Goals 1 economic freedom 2 economic efficiency 3 economic equity 4 economic security 5 economic stability 6 economic growth.

ECONOMIC OUTLOOK AND MONETARY POLICY RECOMMENDATIONS November 2, 2012 New York, NY.

 Bond  Budget deficit  Budget surplus  Business cycle  Capital project  Deflation  Depression  Gross domestic product  Retail sales  stock 

SESSION 8: MACROECONOMIC INDICATORS: GDP, CPI, AND THE UNEMPLOYMENT RATE Talking Points Macroeconomic Indicators: GDP, CPI, and the Unemployment Rate 1.

FISCAL CLIFF & ECONOMIC INDICATOR By: Claire Murray.

Circular Flow Model and Economic Activity

ESSENTIAL STANDARD 1.00 UNDERSTAND THE ROLE OF BUSINESS IN THE GLOBAL ECONOMY. 1.

Notes MEASURES OF ECONOMIC ACTIVITY.  3 Main Measures of Economic Activity  Gross Domestic Product  Labor Activities  Consumer Spending HOW IS ECONOMIC.

Introduction to Business © Thomson South-Western ChapterChapter Economic Activity Measuring Economic Activity Economic Conditions Change.

1.02 ~ ECONOMIC ACTIVITIES AND CONDITIONS CHAPTER 2 MEASURING ECONOMIC ACTIVITY.

METAC Workshop March 14-17, 2016 Beirut, Lebanon National Accounts Compilation Issues Session 10: Households final consumption expenditures.

ECONOMIC INDICATORS. Gross Domestic Product Gross Domestic Product (GDP) is the value, expressed in dollars, of all final goods and services produced.

Business Cycle. The economy does not grow at a constant rate, instead it goes through alternating periods of growth and decline.

Do Now List the 3 major goals of economic policymakers. What measures can we use to quantify the performance of the economy in these three areas?

Essential Standard 1.00 Understand the role of business in the global economy. 1.

Noncompetitive division charts and policy questions The following pages provide a range of indicators (listed in alphabetical order) that you can use to.

CHAPTER 2 Economic Activity. MEASURING ECONOMIC ACTIVITY  Economic growth is the steady increase in the production of goods and services in an economic.

How much are we producing and buying????. total value of all the goods and services produced in a country in a year.  This is one way to measure a country’s.

Essential Standard 1.00 Understand the role of business in the global economy. 1.

Recent Developments in the Japanese Economy (1) Real Economic Growth and Productivity (2) Unemployment and Labor Market Conditions (3) Inflation and Asset.

Essential Standard 1.00 Understand the role of business in the global economy. 1.

© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 2 SLIDE Measuring Economic Activity Economic Conditions.

Inflation To define inflation and to explain how it is measured.

Looking at their Reactions

Economic Trends.

Economic Conditions and Outlook

Business Economics (ECO 341) Fall: 2012 Semester

Economic and Housing Market

វិទ្យាស្ថានខ្មែរជំនាន់ថ្មី Institute of New Khmer

Economic Trends.

Presentation transcript:

Economic Update November 2000 Economics 285 Michael Smitka

Recent Macro Growth

Summary of the September 2000 Labor Force Survey [31 Oct. 2000] Employment -- Fell 0.5%. Unemployment -- Rose 30 thousand to 4.7% Population 15+ yrs old108,460, , % Labor force 68,000, , % Employed 64,800, , % Unemployed 3,200, , % Not in labor force 40,340, , % Participation rate 62.7% -0.6% - Unemployment rate 4.7% +0.1% -

Deflation

Consumer Price Changes Ku-area of Tokyo, October | IndexChange fromChange from | previous month previous year Ten Major Group Index General | (excluding imputed rent) | (excluding fresh food ) | Food | Housing | Fuel, light & water | Furniture & household | Clothes & footwear| Medical care| Transport/communication| Education| Reading and recreation| Miscellaneous| Commodity and Service Group Index Commodities | Services |

Interest Rates Current lending rates: Short-term prime rate: 1.5% Long-term prime rate:2.25%

Credit Creation & Money

Fiscal Policy Measures

Consumption is Falling!

Retail Sales are Falling

Only Items Up: Consumer Electronics & Foreign Travel But Foreign Travel Doesn’t Help GDP!

Japanese Land Prices +20% 0%

Stock market