Premium Essay

Useful Econmics

In:

Submitted By ptldf
Words 955
Pages 4
The dollar extended losses against a basket of currencies after the report, while prices for U.S. government debt rose.

Business spending on capital goods has been undermined by the buoyant dollar, which has eroded overseas profits of multinational companies.

At the same time, lower energy prices have cut into domestic oil production, reducing demand for equipment by oil-field companies, including Schlumberger and Halliburton.

Schlumberger, the world's No.1 oil-field services provider, cut its capital expenditure plans for this year by about $500 million to $2.5 billion. Halliburton slashed its capex by about 15 percent to $2.8 billion.

The strong dollar and reduced capex spending by oil-field firms combined with a harsh winter and softer global demand to slow U.S. growth at the start of the year.

The dollar has appreciated 12.1 percent against the currencies of the United States' main trading partners since last June, largely driven by expectations of tighter monetary policy. Procter & Gamble, the world's largest household products maker, on Thursday reported a 8.3 percent decline in quarterly sales, which it blamed on the dollar.

Read MoreWhere America drinks the most: The trouble spots

In March, shipments of core capital goods—which are used to calculate equipment spending in the government's gross domestic product measurement—fell 0.4 percent after a downwardly revised 0.1 percent gain in February.

Shipments in February were previously reported to have risen 0.3 percent. That downward revision together with March's weak reading could see economists trim their first-quarter GDP growth estimates, which currently range between a 0.5 percent and 2 percent annual pace.

A surge in transportation equipment buoyed overall orders for durable goods—items ranging from toasters to aircraft that are meant to last three years or more—which rebounded

Similar Documents

Premium Essay

Macroeconomics Paper

...conern itself with the effect on the economy, no change in the way our world works is as great as the contiuing shift from the hydrocarbon energy ecoonmy which is defined by dependnce on the use of fossil fuels, such as coal and oil, to the new renewable or green energy economy in which techolgies are being further developed to power our world through clean sources of energy such as wind, hydro power, geotheral, biomass and others. The shift is slow, but it will begin to speed up as the people of both america and the world become further aware of the long term cost of hydrocarbon consumption and effects on the enviroment, and the lowering costs for both personal and buisness use of renwable energy as technoligy becomes more efficant. The econmic benefits of such a shift cannot be deneied, ranging from job creation to positive impacts on the terrif defficit to bennifits in the small buisness sector. In looking at renewable energys impact on the economy the one aspect the most every citizen shall look closely to is the potental of job growth and creation. Utilizing these energy sources are great growth methods for the economy which for too long has been dependent on tradional means, the improvment in the economy comes hand in hand with job creation. Money invested in these energy sources is spent on the materials too build systems such as wind tubines, solar panals and hyrdroelctric dams, the money also extends to payin staff who have been trained to maintane such ewuipment. This...

Words: 1669 - Pages: 7

Premium Essay

Linear Algebra Applied to Economics

...Linear Algebra Applied to Economics Input-Output Analysis Introduction: There are several non-mathematical subjects that linear algebra can be applicable too. Economics is a topic that linear algebra can be used to make a formal application, for example in Input-Output Analysis, econometrics, Game theory, and break-even point analysis. As a group we are going to be focusing on the Input-Output analysis, a type of analysis created for the purpose of describing and making predictions of complicated mathematical models using systems of linear equations. It was established by “W. Leontief, who won the 1973 Nobel Prize in Economics” (Hefferon, p.60). In this paper, mathematical and linear algebra formulas, calculations, graphs, diagrams, pictures, etc., will be clearly shown as to further understand the applicability of linear algebra in economics. Calculations and mathematical examples used in economics will be provided in the context of this paper for better understanding. Also, terms and notations used will be explained, derivation and origin of mathematical results will be shown. Definitions: Economics is a branch of knowledge concerned with the production, distributions, and consumption of goods and services. Linear algebra is a branch of mathematics with the properties of finite dimensional vector spaces and linear mapping between the spaces. The equations are represented using matrices and vectors and consist of several unknowns. Econometrics is branch of economics...

Words: 1271 - Pages: 6

Premium Essay

China

...[pic] A2 Business Studies Pre-Release Research Task ‘Development in Emerging Markets: China’ Learner Name: _____________________________ Preparing for A2 Business The Unit 3 examination Strategies for success • 25% of A level • 1 hour 45 minutes exam • 80 marks • The exam is case study based and comprises one 10 mark calculation question, two 18 mark evaluation questions and one 34 mark report. The Unit 4 examination The Business Environment and Managing Change • 25% of A level • 1 hour 45 minutes exam • 80 marks • Section A: Pre-release research tasks leading to a 40 mark essay • Section B: Choice of 3 essays, one must be chosen for 40 marks • This unit is synoptic – this means that it pulls together all the material from the entire AS and A2 specification. There are two key additional elements of preparation for this paper: Complete the research task The research task is designed to enable you to investigate in detail a small part of the Unit 4 specification. The research brief will give you precise guidance on the tasks to complete. Do not make too much of this task and extend your research beyond what is asked. Do, however, relate your research to a variety of large businesses producing goods and services and operating in different markets. Read widely about business You should read newspapers, magazines, and books, watch television and surf the internet for news...

Words: 6232 - Pages: 25

Premium Essay

Influence of Mexican Drugwar on Its Economy

...Bern University of Applied Sciences Business and Administration Drugwar of Mexico The Mexican drugwar hampers the development of the national economy Final paper for the module "Academic Methods of Working" submitted as part of the degree programme Semester Class Authors Bachelor of science Business Administration 2 2i Ardian Beqiri Kevin Leiser Thomas Zbinden 22th May 2013 Benjamin Spycher Benjamin Spycher Date of submission Supervision Responsible for the module Page 2 Contents 1. 2. Introduction .............................................................................................................. 3 Source basis ............................................................................................................. 3 2.1. Research method .................................................................................................. 3 2.2. Documentation of research .................................................................................... 3 2.3. Discussion of the source material .......................................................................... 4 2.4. Summaries ............................................................................................................ 5 2.4.1. 2.4.2. 2.4.3. The Mexican Economy After the Global Financial Crisis ............................................. 5 Inside Mexico’s Drug War ............................................................................................ 5 Drug War...

Words: 3600 - Pages: 15

Premium Essay

Community Health

...Community Health C229 1 ! ! ! ! ! ! CKA Task 1 Sharon Wiggins Western Governors University ! ! ! ! ! ! ! ! ! ! Community Health C229 ! ! Date Spent ! ! 6/19/15 ! 6/19/15 ! 6/19/15 ! 6/29-7/2 ! 7/11/15 1200-1700 ! 8/30/15 1100-1600 ! 9/4/15 1100-1200 ! ! 9/9-10/15 0800-1700 0800-1200 ! ! Fieldwork Study Activity Location and Contact Time Windshield Survey Dakota County, Minnesota 10 Cultural Survey Dakota County, Minnesota 5 Scavenger Hunt Dakota County, Minnesota 10 Childhood Obesity attended conference, interviewed other attendees and exhibitors 8757 Rio San Diego Dr, San Diego, CA 92108 (619)692-3800 30 Festival of Farms attended festival interview with community members and exhibitors Lakeside Prairie Farm 20503 180th Ave Barrett, MN 56311 320-492-2526 5 Minnesota State Fair attended & interviews and surveys 1265 Snelling Ave St Paul, MN 55108 (651) 288-4400 5 Dr Koch interviewed Dr. Koch Physician Fairview Ridges Clinic 303 E Nicollet Blvd # 160 Burnsville, MN 55337 (952) 460-4000 1 Communities for Health attended conference, interviewed other attendees, exhibitors Duluth Convention Center 350 Harbor Dr Duluth, MN 55802 (218) 722-5573 12 1 Community Health C229 ! 9/12/15 1200-1500 ! ! 9/18/15 0800-1200 ! 9/19/15 0800-1300 Farm Fest attended, interviewed ...

Words: 4546 - Pages: 19

Premium Essay

Business Notes

...Principles of Measurement Mosso member of the FASB FASB’s Conceptual Framework project over the period 1973-1985 Define measurement Measurement is the assignment of numerals and other symbols to represent the magnitude of an attribute of a phenomenon Phenomenon A thing or event of interest E.g. a table, a performance, an exam Attribute A characteristic or quality of the phenomenon to be measured Magnitude The extent to which the phenomenon has the attribute Often we can’t directly observe a phenomenon of interest We need to find a substitute Direct observation- the only time we can accurately observe the attribute and phenomenon How happy is the baby? Phenomenon-baby Attribute-happiness Can you measure this attribute directly? NO Smiles per hour Laughter per day Financial Statements: When investors focus on a company’s net income, is net income necessarily the investors’ attribute of interest Firm performance Firm future performance What two things do accounting measures often represent Performance- what have we done? Position- what do we have? Business Strategy and Accounting USSBA Too many teams to manage What is strategy according to Porter? Strategy is creating a fit among an organization’s activities (to enable it to realize its goal or mission). The success of a strategy depends on doing many things well and integrating among them Operational Effectiveness versus Strategic Positioning Operational effectiveness Performing similar activities...

Words: 21330 - Pages: 86

Premium Essay

Biodiesel Incorporated

...Iowa State University Digital Repository @ Iowa State University Graduate Theses and Dissertations Graduate College 2012 Three essays on biofuel, environmental economics, and international trade Jingbo Cui Iowa State University Follow this and additional works at: http://lib.dr.iastate.edu/etd Part of the Agricultural and Resource Economics Commons, Agricultural Economics Commons, Economics Commons, and the Natural Resource Economics Commons Recommended Citation Cui, Jingbo, "Three essays on biofuel, environmental economics, and international trade" (2012). Graduate Theses and Dissertations. Paper 12304. This Dissertation is brought to you for free and open access by the Graduate College at Digital Repository @ Iowa State University. It has been accepted for inclusion in Graduate Theses and Dissertations by an authorized administrator of Digital Repository @ Iowa State University. For more information, please contact hinefuku@iastate.edu. Three essays on biofuel, environmental economics, and international trade by Jingbo Cui A dissertation submitted to the graduate faculty in partial fulfillment of the requirements for the degree of DOCTOR OF PHILOSOPHY Major: Economics Program of Study Committee: Harvey Lapan, Co-major Professor GianCarlo Moschini, Co-major Professor Sebastien Pouliot John Schroeter Rajesh Singh Iowa State University Ames, Iowa 2012 Copyright c Jingbo Cui, 2012. All rights reserved. ii DEDICATION ...

Words: 49707 - Pages: 199

Free Essay

Zara 2011

...economic, social and environmental performance Evolution of the main indicators 2011 Turnover (in millions of euros) Sales 2010 13,793 12,527 Results and cash flow (in millions of euros) Operating profit (EBITDA) Operating profit (EBIT) Net income Net income attributable to the parent company Cash flow 3,258 2,522 1,946 1,932 2,613 2,966 2,290 1,741 1,732 2,540 Financial and management ratios ROE ROCE 28% 37% 30% 39% Other relevant information Number of stores Net openings Number of markets with commercial presence Number of employees % men/women Overall energy consumtion (Tj) Number of suppliers Social investment (in millions of euros) 5,527 483 82 109,512 20.5/79.5% 3,381 1,398 14 5,044 437 77 100,138 19.5/80.5% 3,230 1,337 11 Highlights Sales 13,793 12,527 9,435 10,407 11,048 10,000 7,500 15,000 12,500 5,000 2,500 0 2007 2008 2009 2010 2011 Sales by geographical Rest of Europe 45% Spain 25% America Asia and the rest of the 12% world 18% Net profit 2,500 1,946 1,741 1,258 1,262 1,322 2,000 1,500 1,000 500 0 2007 2008 2009 2010 2011 Number of employees 0 20,000 40,000 60,000 80,000 100,000 120,000 2011 2010 2009 2008 2007 79,517 109,512 100,138 92,301 89,112 Inditex´s Annual Report addresses its economic, social and environmental performance for the purposes of achieving the maximum transparency in its relationship with all...

Words: 132690 - Pages: 531