Economic update l.jpg
Sponsored Links
This presentation is the property of its rightful owner.
1 / 15

Economic Update PowerPoint PPT Presentation


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%.

Download Presentation

Economic Update

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

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 old108,460,000 +490,000+0.5%Labor force 68,000,000 -310,000-0.5%Employed 64,800,000 -340,000-0.5%Unemployed 3,200,000 +30,000+0.9%Not in labor force 40,340,000+820,000+2.1%Participation rate 62.7% -0.6% -Unemployment rate 4.7% +0.1% -


Deflation


Consumer Price Changes

Ku-area of Tokyo, October 2000

------------------------------------------------------------------

| IndexChange fromChange from

| previous month previous year

-----------------------------------+-------------------------------

Ten Major Group Index

General | 100.8+0.2-1.2

(excluding imputed rent) | 100.9 +0.1 -1.1

(excluding fresh food ) | 100.9 -0.1-1.0

Food | 100.1 +0.5 -2.2

Housing | 99.6 +0.0 -1.4

Fuel, light & water | 101.1 -1.3 +0.5

Furniture & household | 89.9 -0.2-2.5

Clothes & footwear| 105.0 +0.0-0.6

Medical care| 112.8 +0.0 +0.0

Transport/communication| 99.1 -0.2-0.6

Education| 108.8 +0.0+0.9

Reading and recreation| 99.0 +0.8-1.5

Miscellaneous| 103.3 +0.1-0.1

Commodity and Service Group Index

Commodities | 99.0 +0.2 -1.4

Services | 102.2 +0.1 -1.0

--------------------------------------------------------------


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


  • Login