Domestic wage rates during 1991-95 rose about 11%, on average or about 5% increase in real wages per year, cited as the key factor in the slowdown in growth of labor intensive exports. The real effective exchange rate of the baht is estimated to have appreciated by about 15% during 1995-97, primarily because of the linkage to the US$, which appreciated against the yen. While the above factors suggest that Thailand was losing its edge in low cost, labor intensive exports, these are at best partial explanations for the overall decline in export performance.
According to the Commerce Department, the total value of goods and services slowed to 2.3% with a previous rate of 1.8% last year. The gradual decrease in growth indicates that the economy may be reducing to a more sustainable pace, and avoid another intererst rate increase from the Fed. The increase in employment costs may yet sway the Fed to to raise interest rates, but July will be decisive. Consumer consumption has fallen from 6% in increase in 1998 to 4% in 1999. The fall in consumer consumption has had its toll on the GDP as it too has slowed.
("Comparison of FY 2011 2-Year Official Cohort Default Rates to Prior Two Official Calculations"). The New York Federal Reserve reported that as of March 31, 2013 outstanding student debt surpassed credit card debt and was approaching the $1 trillion mark (Quarterly Report on Household Debt and Credit). If student loan default rates stay unchanged, the federal government will lose $200,000,000,000 of taxpayers’ money over the next few decades because of student loan defaults. Below is the chart representing the outstanding credit card and student loan debt over the last ten years (Quarterly Report on Household Debt and Credit). Recent studies show that the number of individuals who default on their student loans has been steadily increasing as well.
Consumer/H.E. Loans – Growth in this area parallels the growth in total assets (39.13%). Mortgage Loans – The total M/L portfolio reflects new loan volume of $42MM during 2002. Again, this growth is reduced by an anticipated prepayment rate of 21.28%. Mortgage Loan Pools – One new pool ($300,000 per pool) is added to the portfolio from April through December.
Amazon had a lower ROE in year 2013 compared to year 2010, which illustrated that every dollar shareholders invested generated lower net income. Morever, in 2012, both ROA and ROE were negative. The reason why Amazon’s profit decreased over recent four years is because that its cost of goods as a percentage of revenue increased. Amazon expanded its digital market to Asia and Europe, which led to a increasing in shipping and packaging cost. Comparing Amazon wi... ... middle of paper ... ...old these elements constant, the estimate Amazon’s stock price should be $286.41 to $387.2.
China’s growth declined from 10.4% in 2010 to 7.8 % in 2012. Brazil’s growth dipped from 7.5% in 2010 to 1.5% in 2012. (http://businesstoday.intoday.in/bt500/sector-wise-analysis.jsp) GIST OF INDIA’S ECONOMIC SURVEY 2013 The Gross Domestic Product is to expand up to 6.7% in 2014; it warned that inflation and a high current account deficit (CAD) are the two major concerns in this year. This study states positive impact in the recovery of the global economy and the recent government policies including the steps to open-up foreign investment in various sectors like aviation and retail and others. According to the study India is on the track to meet its fiscal deficit target of 5.3% of Gross Domestic Product in current year, and to narrow it down to 4.8% of Gross Domestic Product in next year which is 2015.
A five percent increase from 1999 to 2000 is the highest level of yearly increase since 1984. The recent upward trend (until the last two quarters) in economic growth has been accompanied by increases in the rates of growth of consumption spending, investment spending and exports. Productivity increases; decreases in unemployment, expansion in the labor force, and increases in the amount of capital have allowed real GDP to grow at faster rates. Yet during this same time period, consumers have reduced their savings. Conclusion After reviewing the unemployment, inflation and the GDP history of the last decade it is obvious why the United States economy has been ranked number one in the world.
Source: “Income Inequality.” (n.d.) Between 2009 and 2012, income gains by the top one percent increased by over 30 pe... ... middle of paper ... ...nited States has been changing over the time. It also provides historical tables. The first table shows that pre-tax income of top 1 percent had more than doubled between 1976 and 2008. And the other table shows that from 1979 to 2009, the top 5% had large increase in real income, while the bottom 20% saw a decrease in real income. Scarborough, Joe.
On the basis of Consumer Price Index: This has also shown a stark increase from 7.3% to 9% within a year. Money Supply Rate: The money supply rate has lowered to a value of 20.3% from 21.9% in the earlier year. Further moderation is expected to lower it to 17% according to the Annual Policy Statement of April, 2008. Foreign Exchange Reserves: The foreign exchange reserves was depleted by US$ 35.8 billion, and stood at US$ 273.9 billion. Foreign Exchange Rate: There was an 18.9% depreciation of rupee with respect to US Dollar, 0.4% depreciation with respect to Euro, 1.1% depreciation with respect to Pound Sterling and 19.1% depreciation with respect to Japanese Yen.
Additionally, factory output rose by 0.8 percent over a period of six months from August 2013 to February 2014, which is higher than the estimated 0.9 percent decline in output estimated in a Bloomberg survey in January 2014. This is further supported by data from the Federal Reserve Bank of New York’s general economic index which rose to 5.6 this month from 4.5 in February as new orders picked up supported by rising demand (Bloomberg, 2014). On the other hand, inflation is projected to reach 1.8 percent by the end of 2014, compared to 1.4 percent during 2013 (PwC, 2014). Interest rates are expected to remain low at 0.25 percent (Trading Economics, 2014). Nevertheless, it is feared that as the US Government cuts back on its bond purchases, interest rates may increase (Fidelity Brokerage Services, LLC, 2013).