State of the economy Essay Example | Topics and Well Written Essays - 750 words

State of the economy - Essay ExampleApproached within the paper will be the worldwide macroeconomic issues surrounding Gross Domestic Product, unemployment, pretentiousness and amuse judge. Specific geographical atomic number 18as of interest argon the unify States, Brazil, Germany and Japan. The catamenia global economic outlook is important to understand when looking to expansion of current a current business. before long the in the United States, Current-dollar gross domestic product -- the commercialize value of the nations output of goods and work increased 3.5 percent, or $126.3 billion, in the fourth quarter to a level of $14,871.4 billion. In the third quarter, current-dollar GDP increased 4.6 percent, or $166.4 billion. (Gross national product, 2011)The rate of unemployment currently in the United States has increased to a report 9.2% in March of 2011 which is substantially higher than prior years. Inflation as reported in The inflation rate in United States was l ast reported at 2.1 percent in February of 2011 (United States Inflation Rate, 2011) Currently the interests rates are being artificially depressed thanks to massive infusions of new money as a result of the Quantum Easing plan. In comparison Brazil in 2010 had a GDP of 2.194 one thousand thousand dollars with 7% unemployment. (Brazil, 2011) Germany had a GDP of 2.96 trillion dollars in 2010 with 7.4% unemployment. (Germany, 2011) Japan on the another(prenominal) hand had a GDP of 4.338 trillion dollars in 2010 with unemployment under all of the above at 5.1%. (Japan, 2011) When compared to the United States at that place is a very definite fiscal possibility available for global expansion. To retain market share at this point it would be necessary to increase our geographical market nationally at the very least. When compared to the United States there is several obvious discrepancies, more importantly the lower levels of unemployment make it easy to see that there is possibly mo re available income. In looking at the economic indicators such as the GDP, unemployment, interest rates and inflation it becomes clear that one of the prime indicators that should be addressed that would affect a parcel of land of our customer base is inflation. The rate of inflation will most affect those consumers on a stiff income as they have the most to lose based on individual buying power. Japan for causa has maintained a low rate of inflation with a zero being reported in February of 2011. (Statistics Japan, 2011) This allows for a much higher purchasing power for consumers of our Shades of Youth line which directly caters to sometime(a) individuals, these same individuals may be retired and on a fixed income. Germany is another nation with low rates of inflation and as a result this would be a good line in these locations as there is available purchasing income in the baby boomers market in these nations. Brazil on the other hand currently has over 6% inflation which w ould make it more difficult, though not insurmountable to sell a luxury like Shades of Youth. Super Clean and Super White are both more necessary items than Shades of Youth and as a result we would want to market these in all three global areas as well as nationally. Because the global economy is excruciation in many areas there will be a drive to consolidate businesss and promote stronger globalization pushes from current conglomerates. By taking