Wednesday, July 17, 2019

Business Class

1) Go to the Bureau of Economic Analysiss Webb office (www. bea. gov) and locate the gross domestic product data. Compargon the annual figure for the live four familys. What do the figures indicate for the attached couple of years? In 2007 it was 4. 9%, in 2008 it was 1. 9%, in 2009 it was -2. 5%, in 2010 it was 4. 2%. 2011 is not besides out. These numbers indicated a rapid go down and a rapid bounce back. I think for the future(a) couple of years, the figures allow rise again before a decrease comes again. ) At the Bureau of hollow Statistics Web site (www. bls. gov) under Industries, suction stop on Industries at a gleam to run into the information about the manufacturing industry. What is the exercise vogue in manufacturing oer the farthest four years (percentage change from the former period)? The unemployment percentage has been going down everywhere the sometime(prenominal) four years. We are plan of attack off of a 7. 9% unemployment rate. ) sacrifice to the Bureau of Labor Statistics home page and use the Search feature to find trends in employment for the state of Illinois. tone of voice around the Web site to actualize what other information is available. Plot the trend in manufacturing employment in Illinois over the last four years. On your own, cover what economic changes may have influenced that trend. In 2009, there was a big unemployment register from the manufacturing industry due to job loss. That year there was about 65,000 jobs lossed in the manufacturing field.It went from 620k in January to 553k in December. It has been staying around 560k-570k over the past few years though. There are many reasons the manufacturing employment has dropped. Automation, technology, outsourcing, and other things factor out in for the decline in jobs since 2009. 4)Based on the information you have gathered, write a brief summary of what may take place to company sales over the next couple years. Based on what I have gathered, compa ny sales provide increase

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