Tuesday, April 28, 2020

Aggregate Demand

Consumer Spending in Switzerland (millions of swiss francs)
Business Confidence
Government Spending (millions of swiss francs)
Balance of Trade (millions of swiss francs)

Looking at these graphs 3 of the 4 indicate growth in AD with an increased trade profit and increased consumer and government spending the decrease is in business confidence, but due to its overall volatility  i think the increase in the other indicators more than makes up for this decrease. 


Looking at AD and GDP they both seem to rise over the last 10 years however i do not believe there is enough data to come to any big conclusion.

Friday, April 24, 2020

The Level of Overall Economic Activity


Year
Real GDP (millions current US $)
GDP per capita (current US $)
GDP growth (annual %)
2008
554363
72488
2.15
2009
541506
69927
-2.22
2010
583783
74606
3.00
2011
699580
88416
1.69
2012
668043
83538
1.01
2013
688504
85112
1.85
2014
709182
86606
2.45
2015
679832
82082
1.33
2016
671309
80172
1.72
2017
679951
80450
1.80
2018
705140
82797
2.75
Unemployment, total (% of total labor force) (modeled ILO estimate)
Inflation, GDP deflator (annual %)
Current account balance (% of GDP)
Due to the combined factors that inflation is starting to become positive and unemployment is now starting to fall I believe Switzerland is now starting to leave the troff and climb to the peak once more.