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NewsNetwork Posts: 87
12/31/2019
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The Galactic News Network and the Galactic Economic Commission of Orion are pleased to bring you the newest issue of the galactic economic report. The report is a 3 page document detailing the current state of the economy and includes projections for future growth over the next 4000 turns. The summary of Earth, Sol, Centauri, and Product Markets are shown below. For the full report, please view the PDF file attached to this message.
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NewsNetwork Posts: 87
12/31/2019
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Earth
Earth has continued to grow at amazing levels this previous period. This continued growth is due to sweeping changes in Terran law concerning the function and implementation of the Arcology megastructures, causing sustained population growth over the last 4,000 turns. Growth has stalled in the past few hundred turns however, and has begun to decline as corporations turn their focus to the newly opened Centauri system.
GDP growth on earth has nearly halted growth during the previous 2000 turns, gaining less than 100 billion from turn 11,000 to turn 12,000. Much of this is due to the relocation of industry to Centauri system as corporations seek to take advantage of the yet-untapped resource potential there.Despite the strong population growth from the Arcologies, this has not reflected into positive GDP growth, with both Civilian Services and Raw Material Markets showing a contraction in industrial output for the first time.
Earth Growth Forecast
Earth is expected to see population levels drop in the coming period, driven by a combination of high demand levels and a lack of supply to meet them. Potential law changes by the Terran Federation could reduce the supply levels even further, as top Terran officials discuss major changes to logistics tax laws in relation to megastructures. Should these laws be passed, several mega corporations will be forced to shut down large portions of their manufacturing in response to new taxation policies. These shut-downs will reduce supply levels even more, witha corresponding reduction in population.
edited by NewsNetwork on 12/31/2019
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NewsNetwork Posts: 87
12/31/2019
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Sol
The push for the Centauri system has opened several new markets around the planet of Jupiter. These planets have now seen large increase in demand levels as corporations have turned their focus to the Centuari system. End Product levels in particular are reaching historic highs in these markets. Mercury continues growing at a healthy rate, with a 3rd city expected within the next 1000 turns, allowing the inhabitants to elect the second ever emperor of a planet.
Sol Growth Forecast
Expect overall contraction throughout Sol as the Jupiter colonies face severe contraction. Ninde on Mars is experiencing sharp declines as well due to an uneasy political situation involving Ares Initiative, the mayor of Ninde. Only Mercury is experiencing stable growth, and is expected to continuing growing throughout the coming period.
edited by NewsNetwork on 12/31/2019
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NewsNetwork Posts: 87
12/31/2019
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Centauri
The newly opened system is already experiencing tremendous population growth as corporations invest heavily in the growth of this system. The city of Schirra has nearly reached 10 million, just over 2000 turns after the opening of the system. GDP growth has been extremely healthy as well, with a GDP per capita of 21,375.
Centauri Growth Forecast
There will be huge increases in both population and GDP this quarter as corporations continue to invest huge amounts of resources into the system. Forecasters have difficulty identifying good growth targets for this system, as much depends in the investment levels of corporations as well as the potential impact of the Terran megastructure tax laws.
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NewsNetwork Posts: 87
12/31/2019
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Product Markets
Construction materials have seen a huge drop in industrial production, causing
demand to increase to 138.8% on earth and creating a lack of supply in the
product market. Ceramics are also undersupplied at the moment, with low
industrial output and high demand levels.
Clothing prices in principle cities have reached extreme highs, and appears to
lack enough producers to meet the demand levels. Gadgets, once undersupplied,
has now become extremely oversaturated, representing the 3rd most produced
end product type in the galaxy.
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