Economic Conditions Applied For Farmers Bank & Trust

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ECONOMIC CONDITIONS APPLIED TO FARMERS BANK & TRUST Junior Intersession Assignment #1 Kevin Huff SW Graduate School of Banking Class 59 Completion Date Farmers Bank & Trust Texarkana, TX TABLE OF CONTENTS TITLE PAGE……………………………………………………………………………………...i TABLE OF CONTENTS…………………………………………………………………………ii INTRODUCTION………………………………………………………………………………...1 GLOBAL MACROECONOMIC SNAPSHOT AND FORECAST……………………………...2 MACROECONOMIC SNAPSHOT AND FORECAST………………………………………. FORECAST……………………………………………………………………………………. ECONOMIC CONDITIONS APPLIED TO FARMERS BANK & TRUST…………………. RECOMMENDATIONS………………………………………………………………………. CONCLUSION………………………………………………………………………………… BIBLIOGRAPHY……………………………………………………………............................…show more content…
This report will analysis the global macroeconomic and national macroeconomic conditions that reflect trends in: gross domestic product (GDP), unemployment, inflation and interest rates. Also, give forecasts for the economy of the United States and more specifically the state of Texas. With the mindset of looking closely at the effects of the local and global economies and their impact on Farmers Bank & Trust. Followed with recommendations for the bank throughout the next eighteen months and five years. GLOBAL MACROECONOMIC SNAPSHOT In viewing the macroeconomic conditions of our global economy, we see that the global economy is still very fragile going into the third quarter of 2016. Currencies showed to be very volatile after the British exit of the European Union. The 11 percent drop in the pound sterling was the greatest we have seen since the global financial crisis. The global economy shows very little momentum in the first half of 2016. Global growth shows to be barely above 2% in 2016. Analyst are predicting that global growth will continue to be very minimal and will remain slightly above 2 percent in Q2. Looking at GDP growth for the world economy seen in Figure 1, GDP growth has been on a downward trend since 2010 at high just over 5% now down to just over 2%. Although growth has remained constant we are growing at a slower pace compared with previous years. Growth is slowing in Brazil, Russia, India
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