Economic changes
Part # 1 Gross domestic product (GDP)
World GDP growth in percent
https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?end=2016&start=1961&view=chart
GDP growth in countries around the world in 2022
http://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD
Asian and South American markets are among the 2020 growth markets
https://www.atkearney.com/documents/10192/5498252/Global+Economic+Outlook+2015-2020--Beyond+the+New+Mediocre.pdf/5c5c8945-00cc-4a4f-a04f-adef094e90b8
Part # 2 Stock market index
Dow Jones Industrial Average
https://finance.yahoo.com/
https://www.investopedia.com/terms/d/djia.asp
NASDAQ Composite
https://finance.yahoo.com/
Ibovespa
https://www.bloomberg.com/quote/IBOV:IND
FTSE 100
https://finance.yahoo.com/
Nikkei 225
https://finance.yahoo.com/
S&P 500
https://finance.yahoo.com/
Part # 3 Interest rates
http://www.global-rates.com/interest-rates/central-banks/central-banks.aspx
Current interest rates are the interest rates at which banks can borrow money from the central bank.
Part # 4 Food prices
http://www.fao.org/worldfoodsituation/foodpricesindex/en/
The poorer the country, the larger percentage of expenditure is spent on food
http://www.thegatesnotes.com/Personal/2012-Annual-Letter
Hourly wage in manufacturing vs. food prices
https://ourworldindata.org/food-prices
Share of consumer expenditure spent on food
https://ourworldindata.org/food-prices
Food prices as share of family disposable income in the USA
https://ourworldindata.org/food-prices
Wheat prices in 1996 pounds since the 13th century
https://ourworldindata.org/food-prices
Part # 5 Oil price
Oil price
http://markets.businessinsider.com/commodities/oil-price
The oil price is partly determined by actual supply and demand, and partly by expectation.
Demand for energy is closely related to economic activity. It also spikes in the
winter in the northern hemisphere, and during summers in countries which use air conditioning. Supply can be affected by weather (which prevents tankers loading) and by geopolitical upsets. If producers think the price is staying high, they invest, which after a lag boosts supply. Similarly, low prices lead to an investment drought. OPEC’s decisions shape expectations: if it curbs supply sharply, it can send prices spiking. Saudi Arabia produces nearly 10m barrels a day - a third of the OPEC total.
http://www.economist.com/blogs/economist-explains/2014/12/economist-explains-4
Part # 6 Work people do
The percentage of people working in service sector in the USA is increasing
http://www.nytimes.com/interactive/2012/01/20/business/the-iphone-economy.html
Survey shows that for every job that the Internet destroys, 2.6 new jobs are created.
http://www.mckinsey.com/mgi/publications/great_transformer/pdfs/McKinsey_the_great_transformer.pdf
Youth unemployment in Europe is alarming.
http://www3.weforum.org/docs/WEF_GlobalRisks_Report_2014.pdf
Part # 7 Wages
Minimum hourly wages – selected economies Country Uganda
Minimum hourly wages USD 0.12 per hour
China Russia Turkey
USD 0.67 per hour USD 0.91 per hour USD 3.38 per hour
USA UK France
USD 7.25 per hour USD 9.98 per hour USD 13.10 per hour
Australia
USD 16.45 per hour
Sources http://en.wikipedia.org/wiki/List_of_minimum_wages_by_country http://www.strategy-business.com/enews/enewsarticle/enews072909?pg=all http://www.nytimes.com/2013/04/09/business/global/wary-of-events-in-china-foreign-investors-head-to-cambodia.html
Part # 8 Savings
Savings in % of household disposable income Country China Japan Europe USA
http://youtu.be/OugorkKkxXM
Savings rate 50% 25% 20% -0.6%
As countries grow wealthier, their household saving rates decline
Source Development from 1960 to 2008. http://www.mckinseyquarterly.com/files/article/PDF/EMC_decathlon.pdf p. 160.
Part # 9 Inflation
Core consumer prices, % increase on a year earlier http://www.economist.com/node/18070386