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Economic Update

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The Administrative Board will post an "Economic Update " annually, which details how each sector is doing. The Economic Update will specify how much Assets for each sector now cost, and will specify how much a company should gain/lose for each asset within a sector.

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1789
Sectors New Asset Cost Change Annual Profit Change Analysis
Shipbuilding and the Sea Trade (SST) $5,000 1.5% $1,000 9.6% There is peace at last in the Atlantic, making this a great time to be a merchant. The lack of shipping fees in the United States helps the situation, as does the lack of tariffs. The establishment of a United States Navy might easily offset the losses caused by tariffs, though, so there are not necessarily black clouds on the horizon. The continued impressment of American sailors by the British is a minor issue, though, and the UK's refusal to repay American merchants for losses during the Revolutionary War constrains profit.
Privateering and Piracy (PAP) $7,500 1% $1,500 3% This is a great time to be a pirate along the American coast, but not anywhere else as the world is at peace. There is no privateering really available on the market at the moment. And the talk of a US Navy could spell an end to this sector.
The Slave Trade (TST) $15,000 0.0% $3,000 10.5% There is no better time to be in the slave trade, historically. The slave trade is still legal nearly everywhere, and the Constitution prohibits any real tariffs on slaves.
Fishing and Coastal Trade (FCT) $3,000 0.75% $600 4.0% Fishermen are doing okay now that peace has returned, but there is severe competition from Europe, which regularly ships in pickled and died fish. Something must be done to give local fisherman more of an advantage, if real profits are to be realized.
Construction and Internal Trade (CIT) $1,500 1% $300 0.5% There is some discussion of the establishment of postal roads in the nation, but not much else happening to drive up profits in this field. Perhaps the establishment of the new federal government will help things along, especially if infrastructure investment occurs.
Natural Resource Mining and Refining (NRMR) $2,500 1% $500 1.5% The United States possesses some natural resources of use, but most resource companies really want to get out to the frontier, where tales of gold and silver are abound.
Armaments and Munitions (AAM) $3,000 1% $600 3% The arms industry is finally recovering after the post-war drop, but it will require real military investment by the states or the federal government for this industry to prosper. Competition from European firms is also making it difficult for this industry to prosper, something that can only be remedied through tariffs or other regulations.
Manufacturing (MAN) $3,000 1.5% $600 -2.5% The manufacturing industry is in tatters thanks to the end of tariffs, which leave American manufacturers trying unsuccessfully to compete with much bigger, much more well-established European firms. Tariffs will be needed to protect America's floundering manufacturing industry.
Plantation Agriculture (Slaves, Tobacco, Cotton) (PA) $7,500 0.1% $1,500 12.1% Most European governments got rid of tariffs towards the United States when the states abolished their tariffs, which is great for the export-reliant plantation agriculture industry. Plantations are booming, though to continue succeeding this well, it will be essential for them to block any protectionist tariffs.
Agribusiness Agriculture (No Slaves, Foodstuffs, Grain) (AA) $2,500 0.75% $500 0.25% The Agribusiness industry is doing okay thanks to the prohibition on slaves in the NorthWest territory, but the lack of safety in the NorthWest territory is severely limiting its profits. Most Agribusiness firms do not export overseas, so the trade situation is mostly irrelevant.
Entertainment, Media, and the Arts (EMA) $500 -0.2% $100 -0.1% The economy is not doing all that well and without any protection of free speech, this is not a great time to be in the EMA industry.
Law and Government (LAG) $1,000 0.5% $200 3% The establishment of a federal government has gotten prices up here a bit, but many wonder whether this government will really be big enough to support a large law and government sector.
Territorial Speculation (TS) $1,000 1% $200 1% The continuing Indian War in the NorthWest territory, and the lack of stability along the Spanish-French-Indian border in the SouthWest, makes this a poor time to invest in territorial speculation. Prices are up a bit, though, due to hopes that the new federal government will improve the situation in these territories.

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1790
Sectors New Asset Cost Change Annual Profit Change Analysis
Shipbuilding and the Sea Trade (SST) $5,200 4% $1,030 3% The passage of tariffs hurts this sector a bit while the continued impressment of American sailors by the British remains a hindrance.
Privateering and Piracy (PAP) $7,425 -1% $1,575 5% The lack of a U.S. navy coupled with no interest from investors last year makes this sector more profitable.
The Slave Trade (TST) $14,850 -1% $3,360 12% This sector is alive and doing well.
Fishing and Coastal Trade (FCT) $3,030 1% $636 6% Section 4 of the Tariff Act of 1789 helps out here.
Construction and Internal Trade (CIT) $1,530 2% $294 -2% A lot of investment in the last year hurts prices here, but it's likely only a temporary bump in the road.
Natural Resource Mining and Refining (NRMR) $2,500 0% $520 4% Lack of new investment drives up profit.
Armaments and Munitions (AAM) $3,240 8% $606 1% Too much competition in this sector with not enough of a market. However, as states contemplate expanding their militias and the war clouds are brewing in Europe, there likely isn't much cause for concern long term.
Manufacturing (MAN) $3,060 2% $624 4% The passage of tariffs helps this sector.
Plantation Agriculture (Slaves, Tobacco, Cotton) (PA) $7,350 -2% $1,710 14% Lack of new investment drives up profit.
Agribusiness Agriculture (No Slaves, Foodstuffs, Grain) (AA) $2,525 1% $505 1% No substantial changes with this sector this year.
Entertainment, Media, and the Arts (EMA) $500 0% $103 3% The inclusion of free speech protections in the Bill of Rights helps here.
Law and Government (LAG) $1,010 1% $208 4% The creation of one executive department makes this sector a slightly more legitimate investment than last year, but the defeat of the war department bill limits growth this year.
Territorial Speculation (TS) $990 -1% $200 0% No substantial changes with this sector this year.

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1791
Sectors New Asset Cost Change Annual Profit Change Analysis
Shipbuilding and the Sea Trade (SST) $5,304 2% $1,051 2% No major changes here.
Privateering and Piracy (PAP) $7,722 4% $1,449 -8% The Crimes Act of 1789 made piracy punishable by death, making this sector significantly more dangerous.
The Slave Trade (TST) $15,000 1% $3,662 9% Fears over abolitionist movements in the north limit growth, but this sector is still strong.
Fishing and Coastal Trade (FCT) $3,060 1% $661 4% No major changes here.
Construction and Internal Trade (CIT) $1,607 5% $303 3% Things are stabling out from last year.
Natural Resource Mining and Refining (NRMR) $2,600 4% $614 18% This resource has largely been ignored by investors, making it much more profitable for this who had invested. Additionally, the talk of creating the Southwest Territory would open up new lands for exploitation.
Armaments and Munitions (AAM) $3,434 6% $673 11% This year continues the trend of increased state militias and tensions among European powers being stretched.
Manufacturing (MAN) $3,152 3% $655 5% No major changes here.
Plantation Agriculture (Slaves, Tobacco, Cotton) (PA) $7,350 0% $1,881 10% Fears over abolitionist movements in the north limit growth, but this sector is still strong.
Agribusiness Agriculture (No Slaves, Foodstuffs, Grain) (AA) $2,576 2% $505 3% No major changes here.
Entertainment, Media, and the Arts (EMA) $505 1% $109 6% No major changes here.
Law and Government (LAG) $1,010 0% $210 1% No major changes here.
Territorial Speculation (TS) $1,020 3% $216 8% Talk of creating the Southwest Territory excites this industry.

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1792
Sectors New Asset Cost Change Annual Profit Change Analysis
Shipbuilding and the Sea Trade (SST) $5,304 0% $1,040 -1% No major changes here.
Privateering and Piracy (PAP) $7,568 -2% $1,362 -6% This sector continues to suffer, but begins to stabilize as the federal government does not seem intent to enforce the crime of piracy.
The Slave Trade (TST) $14,550 -3% $3,735 2% The Federal government failing to address Massachusett's escaped slave position makes investors quite nervous.
Fishing and Coastal Trade (FCT) $3,091 1% $661 0% No major changes here.
Construction and Internal Trade (CIT) $1,671 4% $324 7% The GDP is growing nicely which is reflected here.
Natural Resource Mining and Refining (NRMR) $2,652 2% $639 4% No major changes here.
Armaments and Munitions (AAM) $3,743 9% $801 19% From increasing state militias, the proposed federal army for the frontier, and Europe preparing for war, this sector is soaring.
Manufacturing (MAN) $3,310 5% $714 9% The GDP is growing nicely which is reflected here.
Plantation Agriculture (Slaves, Tobacco, Cotton) (PA) $6,909 -6% $1,693 -10% The Federal government failing to address Massachusett's escaped slave position makes investors quite nervous.
Agribusiness Agriculture (No Slaves, Foodstuffs, Grain) (AA) $2,550 -1% $515 2% No major changes here.
Entertainment, Media, and the Arts (EMA) $520 3% $113 4% No major changes here.
Law and Government (LAG) $1,050 4% $221 5% New states and territories to govern help this sector.
Territorial Speculation (TS) $1,122 10% $190 -12% Settlers in the frontier are in trouble. While Congress is considering assistance, it's not quick enough to prevent big trouble in this sector this year.

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