Thursday, September 13, 2018

6A Identifying Opportunities in Economic and Regulatory Trends

6A: Identifying Opportunities in Economic and Regulatory Trends

Regulatory Trend #1: Nikes Sales Increase 31%
I found a regulatory Trend in an article by NBCnews.com regarding NIke sales after the release of Colin Kaepernick as a spokesperson for the company. At first no one knew how Nike would be affected by making a person a spoke person who has picked up mix reviews over the past year or two but it seems like it is working out. Nike belief that “controversial endorsements tend to generate a lot of hype.” This shows that an opportunity exists for companies to use controversial people to promote their company. I’m not saying this is the biggest positive for a community but it has proven that is could be a good business strategy for companies in the near future. Another person might no see the same belief as me because it is tough to get past the fact that Nike is using a person who has created a lot of fuzz in the environment especially emotionally.


Regulatory Trend #2: U.S Household income Increase for 3rd straight year
I found this regulatory trend because it has increased for 3 straight years. The median
U.S household income has increased to $61,372. I see this as an opportunity belief
that more and more people are able to find jobs and support a house and even a
family. This is good to see the economy in such a rise after the 2007 Recession. The
1.8% raise from 2017 to 2018 is good but not as big as the previous 2 years. The
income in U.S household only looks like it is going to keep on increasing because of
how Donald Trump has help strengthen the economics. This article not only talks
about household income but also discusses how the rate has increased for the amount
of people who have health insurance for themselves and their family. https://www.nbcnews.com/news/us-news/u-s-household-income-increases-third-straight-year-61-372-n908541


Economic Trend #1: China Sees Hints of a Past Threat: Inflation
This article is about an economic trend in china. The article discusses how prices are
on the rise in china. Pork, Vegetable and gas prices are all up in China, especially in beijing. Investors in Beijing believe that the middle class is the most scared from the rise in prices. Since people try to cook as many meals as possible. The country’s leader Xi Jinping is nervous from the cause of prices. Another thing that might have cause an increase in prices is the trade war that is going on between china and the United States. This article is a good example of an economic trend because it shows how people all around china, especially beijing are being impacted by the increase in prices. This is a big economic issue for china which hopefully they could solve sooner rather than later. https://www.nytimes.com/2018/09/10/business/china-prices-inflation.html?rref=collection%2Ftimestopic%2FEconomic%20Conditions%20and%20 Trends Action=click&contentCollection=timestopics&region=stream&module=stream_unit&version=latest&contentPlacement=5&page type=collection



Economic Trend #2: California Cities Lead the U.S. in Personal Income Growth
This article is a little different than the previous economic trend because instead of focusing on the world economy its main focus is on the United States, in specific California. California cities lead the U.S in personal income growth. California is fueled by high paying job growth in telecom and biotech has helped make california the strength of U.S economy. All of California's big cities are close to full employment. This article is an economic trend because it discusses the economy of the U.S and california and also discusses how it has changed from before. California economy is up 3% from the previous year. The main concern that california still has is the high cost of living in many of the big towns and cities. The people most likely affected by this article are people who currently live in california and the people who we are referring to when talking about the income in california.  https://www.wsj.com/articles/california-cities-lead-the-u-s-in-personal-income-growth-1536840001

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