Analyze one week of world economy Essay Example | Topics and Well Written Essays - 500 words - 5

Analyze one week of world economy - Essay Example Spending on durable goods was relatively rigid, this was an indication of stagnation or fall in the economy. Within the analysis week as the change or fluctuation in the index was minimal, from negative 0.3 to negative 0.2, a figure that was massively below the experts’ projection of 0.4 percent. The US economy registered negative statistics recording EUR/USD figures that were down as compared to experts’ projections. The only sector in the economy that recorded a positive figure was home sales whereas the new home sales, unemployment claims, and manufacturing reports recorded lowered figures from the projections. The projections indicated slowdown in the manufacturing sector that the negative statistics proved. The fluctuation of the dollar is another influencing factor that negatively affected the US economy. The unemployment rates were high because of the existence of part-time jobs in the labor market and lack of full-time positions that rendered many unemployed over time. The cost of orders received for the durable goods were low to a negative 2 percent, an indication of slow economic growth. The figures exempted orders for transportation that was stable regardless of the economic instability. From the rest of the world’s economies, Germany registered an index of 113.9, a figure up by 1.9 from the previous recordings (The Forex Market n.p). The figures indicate the current conditions and future projection of economic growth. The survey analyzed more than 7000 businesses, and the realization of a positive index indicates growth in the economy. The growth in the economy represents an improvement in the gross domestic income contributed to by an increase in net exports. The US Euro economy rarely benefits from variety of economy injections because of its weaker currency, which only favors the exports thereby discouraging local manufacturers who become less competitive. There exists a cut of close to a