S imports into us administrative matters overview of

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Unformatted text preview: ts into U.S. Administrative Matters Overview of Course Today’s Economy Today’s Economy And then Drop in credit availability Cultural shift toward saving • This is why downturn will be lengthy Administrative Matters Overview of Course Today’s Economy Today’s Economy 3 1/18/2011 3:42 PM Source: http://2.bp.blogspot.com/_pMscxxELHEg/S5lBwomseFI/AAAAAAAAHv0/HiC3gohHcsg/s1600h/MEWQ42009.jpg What about Investment Spending? Structures – residential & non-residential non Lack of construction funding Existing inventory of residential structures Existing inventory of commercial real estate Equipment & producer durable goods Role of Government Spending Key : purchases of goods & services Increased spending in 2010 helps in 2010 But unless sustained, doesn’t help in 2011, 2012 doesn’ State austerity plan won’t help won’ Weak demand Administrative Matters Overview of Course Today’s Economy Today’s Economy Administrative Matters Overview of Course Today’s Econ...
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