https://padlet.com/deropc/phase24 Phase 2 Business Cycle en-us 2017-05-09 10:58:40 UTC 2026-01-20 14:05:17 UTC hello@padlet.com deropc https://padlet.com/deropc/phase24/wish/170721191 The United State is currently in the early growth phase of the business cycle.  This is most obviously seen in the slow, but positive GDP growth rate of .7%.  Inflationary pressures are beginning to develop as our rate of inflation climbs to 2.4%.  Unemployment has slipped down to 4.4%, putting our economy in a state of full employment.  Wages are also beginning to increase.  As wage growth is the last indicator to move as an economy exits its recessionary phase, I'm confident in stating the U.S. economy is exiting recovery, and entering a period of growth.]]> 2017-05-09 10:58:40 UTC https://padlet.com/deropc/phase24/wish/170721191 kalinowskibradley https://padlet.com/deropc/phase24/wish/170783552 Sweden is currently in a trough, soon to be in a recovery stage of the business cycle. After peaking at 4.7% in December of 2015, the GDP annual growth rate has declined, and bottomed out at 2.3%-2.4% since September 2016. Inflation has moved from the 316 mark to 320 all within the past year, compared to a solid  314 throughout the previous five years beforehand. While unemployment levels waver throughout seasons unemployment is slowly going down, reaching 6.8%. The decrease in unemployment throughout a trough can be explained by unrelated population factors such as a lack of immigration or excessive emigration. Interest rates being at -0.5% is the last indicator that proves Sweden is attempting to escape a trough.]]> 2017-05-09 14:43:04 UTC https://padlet.com/deropc/phase24/wish/170783552 wintersteinashleigh https://padlet.com/deropc/phase24/wish/170783950 On the business cycle Switzerland's economy is in the early stages of recovery. Although they're GDP growth is small at only .1%, it is still positive growth. This slow growth is very similar in comparison to the current GDP growth of the United States. Inflation percentages are extremely low at a rate of -.75%, which corresponds well with the latest annual trend. The unemployment rate is low at 3.4%, which is a good indicator of a thriving economy. ]]> 2017-05-09 14:44:23 UTC https://padlet.com/deropc/phase24/wish/170783950 stroebelmackenzie https://padlet.com/deropc/phase24/wish/170784258 I believe that the Netherlands economy is in the middle of a recovery phase. They have a good GDP growth rate that stands at .6%, it is low but it is still trending upwards. Within the Netherlands the unemployment rate is at 5.1% and is slow continuing to go down. Inflation sits low at 1.1% and the interest rate still sits at 0%. However the wage growth is at 1.39% which will cause the wages within the country to most likely stay the same or increase by a little amount. ]]> 2017-05-09 14:45:27 UTC https://padlet.com/deropc/phase24/wish/170784258 reimercaleb https://padlet.com/deropc/phase24/wish/170784320 Italy is currently in the recovery stage with a current GDP rate of 0.2% but still have an annual rate of 1%. This is good because since 1969 their GDP has dropped and has been below 0% a few times. They have a current unemployment rate of 11.7% which is 0.2% better than previous unemployment numbers. Italy has definitely improved coming out of a very low GDP rate.]]> 2017-05-09 14:45:40 UTC https://padlet.com/deropc/phase24/wish/170784320 ventimigliaalexander https://padlet.com/deropc/phase24/wish/170784421 Turkey is currently in a late state of recovery phase in the business cycle. With a GDP growth rate of 3.5%, which is in the target range of the growth rate, they are doing very well. The unemployment is down to 13% but has gone down from the past years of 22%. Inflation is way above the average around 12%, but yet they are still doing very well as a Country. ]]> 2017-05-09 14:46:00 UTC https://padlet.com/deropc/phase24/wish/170784421 fisherkiley https://padlet.com/deropc/phase24/wish/170784581 Italy's economy is currently in a slow recovery stage on the business cycle. With a GDP growth rate of 0.2% , they are at a very slow growth but still trending upward. Italy's unemployment rate is at 11.7% with a natural unemployment rate of 11.9%. Inflation is at 1.8% and interest rate is still at 1%. Italy is slowly working its way back up to a peak after its multiple peaks and recessions before. ]]> 2017-05-09 14:46:23 UTC https://padlet.com/deropc/phase24/wish/170784581 moultonrachel https://padlet.com/deropc/phase24/wish/170784829 Poland is currently in the recovery stage of the business cycle. The real GDP jumped by 1.7%, following a 0.4% increase in the previous quarter. The growth rate accelerated from 2.3% to 3.1%. In Poland, the unemployment rate is 8.1%. Inflation is spot-on at 2%. The growth rate is good because it hit its target of 3-4%.]]> 2017-05-09 14:47:11 UTC https://padlet.com/deropc/phase24/wish/170784829 niedzwieckitobias https://padlet.com/deropc/phase24/wish/170784903 Japan is currently in a small state of a growth stage on the business cycle. Anual growth of GDP rate is at .3%, although this is a low rate of rise, it is on a rising from a past recession. Inflation is at a low .2% causing a low rate of unemployment. with the low rate of unemployment wages are rising which in turn pumps money into the economy through taxes wgich is at 55.95%]]> 2017-05-09 14:47:24 UTC https://padlet.com/deropc/phase24/wish/170784903 magyarxavier https://padlet.com/deropc/phase24/wish/170785096 Finland is currently in an early recovery phase. The annual GDP growth rate is at 1.3%, and GDP per capita is $45,214. The inflation rate is .8% and slowly rising. The unemployment rate is slightly high at 9.6%, but that rate is falling steadily. The balance of trade is -280 million. They have an interest rate of 0%, and the personal savings rate is -1.8%. Personal income tax is 51.6%, and the sales tax is 24%.]]> 2017-05-09 14:48:04 UTC https://padlet.com/deropc/phase24/wish/170785096 bellbrooke https://padlet.com/deropc/phase24/wish/170785107 Canada is currently in a recovery phase. The annual growth rate is growing at a positive 1.9%, while the inflation rate is at 1.6% compared the United States at 2.4%. While these numbers are trending upward, we’d think Canada is at the growing phase but, Canada has not yet crossed its last peak. ]]> 2017-05-09 14:48:06 UTC https://padlet.com/deropc/phase24/wish/170785107 leitergeoffrey https://padlet.com/deropc/phase24/wish/170785181 Australia appears to be toward the end of its growth phase and almost to a peak in its business cycle. This can be indicated by an unemployment rate of 5.88%: Australia's natural unemployment rate is around 5.7%. Another indicator is the fairly paced GDP growth of 1.1%. There is also a gradual wage growth of 1.9%, which indicates the end of a recession. Like Corey DeRop, I am confident in saying that Australia is at nearing the end of a recovery and is on its way to growth.]]> 2017-05-09 14:48:20 UTC https://padlet.com/deropc/phase24/wish/170785181 argylekaylee https://padlet.com/deropc/phase24/wish/170785715 Norway is currently in the late recovery stage, but they're pretty close to the early growth stage. By looking at the GDP graph, you can tell Norway is coming out of a recession with an annual growth rate of 1.8%. Inflation is at 2.4% and has an increasing trend in the past 5 years. The interest rate is at 0.5% and is decreasing. Which means the government is spending money to try and expand. Unemployment is at 4.3% and is increasing. ]]> 2017-05-09 14:50:15 UTC https://padlet.com/deropc/phase24/wish/170785715 cottrellkayte https://padlet.com/deropc/phase24/wish/170785739 Canada is in a recovery phase right now. The GDP is growing at a positive rate of 1.9%. Inflation is also rising with GDP and is at 1.6%. When these two things happen, it is a sure sign of recovery or growth. The one year trend of both GDP and CPI have been increasing. Although, the ten year trend is gradually increasing. The country is still in recovery because the peaks now have not reached higher than the previous peaks. Unemployment is slightly high at 6.5%, and the target is 4%. Wages have been in a positive trend for the past five years, this is why I am sure that Canada is in a recovery phase.]]> 2017-05-09 14:50:21 UTC https://padlet.com/deropc/phase24/wish/170785739 danielsjulia https://padlet.com/deropc/phase24/wish/170785745 Currently the United Kingdom appears to be in the late stages of the growth phase. They aren't in a peak because of they have low inflation. They have been in the growth phase since 2009 and their GDP growth rate is .3%.Their annual GDP growth rate is 2.1%. Despite lots of growth in other areas, the UK has stayed consistent with wage growth at around 2.5%. As of January 2017, The wage growth was 2.3%. Similar to the US, the UK is in the growth phase of the business cycle. The UK does not appear to moving into the peak and recession phase because of their long standing history of a recovery and expansionary phase.]]> 2017-05-09 14:50:22 UTC https://padlet.com/deropc/phase24/wish/170785745 huckebyaaron https://padlet.com/deropc/phase24/wish/170785930 Ireland appears to be coming off an economic boom and is in the late growth. While their Annual GDP Rate is still a staggering 7.2%, they were recently in a period of growth that was more than 25%, making 7.2% a small number. While they seem to be slowing down, the country's low inflation rate of 0.7% makes it seem as if the economy isn't close to a peak. Other indicators like taxes also show that the countries government is not ready to slow things down quite yet, having a 0% interest rate and also low corporate taxes of just 12.78%. ]]> 2017-05-09 14:51:02 UTC https://padlet.com/deropc/phase24/wish/170785930 westalexis https://padlet.com/deropc/phase24/wish/170786400 Argentina is currently in an ongoing recession, this recession began in the end of 2015. Their GDP is slowly going up but they are still suffering from a -2.1% annual growth.  The rate of inflation is at 40.5%, ]]> 2017-05-09 14:52:47 UTC https://padlet.com/deropc/phase24/wish/170786400 powellshaeffer https://padlet.com/deropc/phase24/wish/170786627 Canada is currently in the recovery phase. This is seen in the positive GDP growth rate of .6%, and an annual growth rate of 1.9%. Inflation is at a low of 1.6%. Canada is in a recovery phase because it has not yet passed its peak. Unemployment is currently high at 6.5% while the goal is 4%. ]]> 2017-05-09 14:53:22 UTC https://padlet.com/deropc/phase24/wish/170786627 robackibrennah https://padlet.com/deropc/phase24/wish/170787295
Japan is currently in the early stages of recovery. This is seen in the positive GDP growth of 1.6% annually. Inflation, although low at the moment at .2%, is slowly increasing. Unemployment has decreased to 2.8% and is continually lowering, putting at over 1% less than the target rate. Wages however are the last thing to catch up to the growth of the economy. With personal savings rates still increasing and interest rates till at -.1%, Japan is slow recovering and taking precautionary measures to avoid jumping the gun on their new recovery status. ]]> 2017-05-09 14:55:23 UTC https://padlet.com/deropc/phase24/wish/170787295 johnsonnoah https://padlet.com/deropc/phase24/wish/170788053 Right now Germany is in the middle to later stage the recovery stage of the business cycle. This is shown through the 1.2% annual growth rate, 2% Inflation, and 3.9% unemployment. With numbers so close to their target it can be inferred that Germany has just started growing back out of a trough, and has employed high tax rates as a precautionary measure to slow the economy. ]]> 2017-05-09 14:57:40 UTC https://padlet.com/deropc/phase24/wish/170788053 rigghalle https://padlet.com/deropc/phase24/wish/170788268 Regarding Japan's current economic state, they are in the early stages of recovery, which is shown by the annual GDP growth rate of 1.6%. Inflation in the country is at a low number of 0.2%. Unemployment has dipped down to 2.8%. Wage growth is slow at 0.4%, but definitely signals the start of growth in Japan.]]> 2017-05-09 14:58:19 UTC https://padlet.com/deropc/phase24/wish/170788268 lyonsjayson https://padlet.com/deropc/phase24/wish/170788426 Venezuela has a crappy government. ]]> 2017-05-09 14:58:49 UTC https://padlet.com/deropc/phase24/wish/170788426 hemgesbergmary https://padlet.com/deropc/phase24/wish/170788677 Germany is currently in the recovery stage almost to a growth. The past year has shown a steady increase in GDP (the business cycle) for the past 2 years. Its numbers match up with all the targets informing us that it is in good economic times. Inflation is spot on at 2%, personal savings rate is at 9.9% with a target of 10%, and unemployment is at 3.9% with a target of 4%. We can tell it is very close to a growth because it is almost to its ideal economy so it can then it can grow more. ]]> 2017-05-09 14:59:38 UTC https://padlet.com/deropc/phase24/wish/170788677 flemingbenjamin https://padlet.com/deropc/phase24/wish/170789010 Sweden is currently in a recovery phase of the business cycle.  The GDP is growing at 1% at the moment, which is very slow.  Inflation is starting to accrue as it is at 1.3%, a good sine that the economy is growing and not to high that it is an issue. Personal income tax is on a five year increase as which is counter acting there more to grow the economy. Interest rates are at -.5% as they are giving away money and trying to grow the economy rapidly by pumping money into the economy. Unemployment is on a ten year decline and is currently 6.7% with a target of 4%.]]> 2017-05-09 15:00:34 UTC https://padlet.com/deropc/phase24/wish/170789010 craneashlyne https://padlet.com/deropc/phase24/wish/170789072 They appear to be in the largest stage of the growth phase but are not at a peak. Their GDP annual growth rate is 2.1%, their wage growth is 2.3%, which has been staying pretty consistent. The unemployment rate is at 4.7% and doesn't appear to be in the recession or peak phase of the business cycle. ]]> 2017-05-09 15:00:47 UTC https://padlet.com/deropc/phase24/wish/170789072 wakemanhannah https://padlet.com/deropc/phase24/wish/170789162 Japan is currently in the early stages of the growth phase in the Business Cycle. Japan has been at a GDP growth rate of 0.3% and has stayed at 0.3%, but its annual growth had risen significantly from 1.1% to 1.6%. Rate of inflation has recently decreased to 0.2% from being 0.3%. Japan's unemployment rate averages about 2.73% and its current unemployment rate is at 2.8%, not much higher than its target. 

]]> 2017-05-09 15:01:08 UTC https://padlet.com/deropc/phase24/wish/170789162 robishawelizabeth https://padlet.com/deropc/phase24/wish/170830971 Australia is in near the end of the growth phase in the business cycle. This is shown by the high unemployment at 5.88% with full employment in Australia at 5%. There is a positive annual GDP growth of 2.4%. Inflation is right on target with 2.1% CPI, and the wage growth is at 1.9% which is low and indicates an upcoming recession.]]> 2017-05-09 17:19:10 UTC https://padlet.com/deropc/phase24/wish/170830971 campbellkaylee https://padlet.com/deropc/phase24/wish/171272796 The Switzerland is currently in the early growth phase of the business cycle. The growth is slow but positive GDP growth rate of .1%. Inflationary ]]> 2017-05-11 14:46:08 UTC https://padlet.com/deropc/phase24/wish/171272796 burnettjohn https://padlet.com/deropc/phase24/wish/171281141 Sweden is currently in the growth phase of the business cycle.  With that being said, unemployment in the country is still higher than most economists would like to see at 6.8%.  Sweden’s government has already made an attempt at lowering this with a decrease in interest rates to -0.5%.  A negative trend in consumer confidence shows that these low interest rates did not incentivize consumers enough to spend, seeing as how personal spending is down to -0.1%, and personal savings is up to 10.54%, slightly above desired rates.  This becomes more worrying with the trend in wage growth showing positive. With interest rates as low as they already are, I would prescribe a monetary policy to increase government spending, with the goal that personal spending would increase, and with it unemployment would decrease to a more comfortable rate. 

]]> 2017-05-11 15:09:06 UTC https://padlet.com/deropc/phase24/wish/171281141 https://padlet.com/deropc/phase24/wish/172347950 The Switzerland is currently in the early growth phase of the business cycle. The growth is slow but positive GDP growth rate of .1%. Inflationary pressures are absent as the rate of inflation rise to 0.6%. Unemployment has decreased to 3.3%, which is putting our economy in a state of full unemployment. The wages are increased, this will help the economy to exit the recessionary phase. This is why I believe that the Switzerland economy is in an early recovery stage of the business cycle.]]> 2017-05-17 14:44:43 UTC https://padlet.com/deropc/phase24/wish/172347950 https://padlet.com/deropc/phase24/wish/172349840 2017-05-17 14:51:15 UTC https://padlet.com/deropc/phase24/wish/172349840