CLC_Group_Projects_Module_7

CLC_Group_Projects_Module_7 - CLC Group Projects Module 7...

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Click to edit Master subtitle style 8/4/11 CLC Group Projects Module 7: Federal Open Market Committee ECONOMICS ECN 601 Instructor: Lisa Browning Angel LLaugel Jason Boughton Andrew James Candace Conner Vickie Minor 11
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8/4/11 OBJECTIVES n Describe the current economic conditions. 8 Explain future economic, financial and international conditions. 8 Identify present and future economic issues of special concern. 8 Provide interest rate recommendation. 22
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8/4/11 8 Downturn noticeable in 2008. 8 Macroeconomic problems develop in the components of aggregate demand. 33 0 2 4 6 8 10 12 GDP- Real Growth Rate Current Economic Conditions Source – https://www.cia.gov/library/publications/the-worldfactbook/fields/2004.html.
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8/4/11 44 8 Residential construction investments have been declining since 2005. 8 The housing market continues to decline in 2011. 8 Investment purchases represent the largest decline. 8 Businesses accepted the recession and reduced investments. Current Economic Conditions Source – http://www.sjsu.edu.faculty/watkins/USecon09.html
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8/4/11 HOUSING STATISTIC ANALYSIS Housing Starts Monthly Yearly 01/01/11 -10.4 -10.7 02/01/11 -8.2 -20.5 03/01/11 11.2 -13.3 04/01/11 -4 -12.8 05/01/11 3.5 -3.4 55 There was an increase in May of 3.5% but overall the housing starts are down overall from a year ago. The big monthly increase in March was due to the biggest drop in February in many years of housing starts. The housing market is below last year which really means that there is much more room for improvement before it gets any better
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8/4/11 New orders +1.9% Shipments +.3% Unfilled Orders +.9% Inventory +1.2% 66 New orders are up in May – this is good for the manufacturing sector. Manufacturers’ shipments are slightly up in May -
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CLC_Group_Projects_Module_7 - CLC Group Projects Module 7...

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