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I have been curious about commodities, products and labour for some time. Here is what I have observed. Basically, I'm comparing the inventory for sale in the market place and the average price between two dates, Sep 27 (Day 677) and Sep 21 (Day 671). I adjust for Value Added Tax and Income Tax, I do not adjust for Import Tax and FX.

General Economy

The population of eCanada dropped from 4,976 to 4,775 between Sep 21 and Sep 27, I surmise that folks trapped in eCanada after the liberations hightailed it out of town. Also, there isn't much on the battlefront going on today so some hired guns may have left town.

Unemployment dropped from 47.9% to 41.9%. Geesh, that seems like a big number but this isn't RL.

The number of companies increased by 20 from 695 to 715, about 3 a day, I would have guessed there would be more than that.

Our GDP grew from 1,191G to 1,887G, on a per capita basis our population is much more productive than last week, our employment improved by nearly 20% so this stands to reason, also, people get more productive each day so efficiency should improve each week.

Our monthly exports dropped from 131G to 117G and imports dropped from 103G to 0G, this is an excellent indicator that our economic wealth is increasing.

Inflation declined from 10.2% to 6.6%, this is a remarkable level of stability in the relative perspective of eRepublik.

Commodities

Grain inventories are up (3,319 v 2,600) and price is down ($0.47 v $0.54). Larger inventories will push prices down. The average quality is 1.74. Grain is plentiful in eCanada and food is a daily purchase for most eCanadians, the grain market will be competitive. At $0.47, this commodity appears to be the most competitive of them all.

Diamonds inventories are up slightly (2,371 v 2,109) and price is down ($1.08 v $1.25), look for this trend to continue as this industry matures after a liberation just over a week ago. The average quality is 2.95.

Iron inventories are up (3,645 v 2,269) and price is down ($1.34 v $1.42). The average quality is 3.06. Again, more supply would push prices down, this is evident here. The ongoing war keeps the demand for iron (re weapons) high, iron is the highest priced commodity in eCanada at present.

Oil inventory is down (5,827 v 6,101) and price is up ($0.58 v $0.47). The average quality is 1.81. This week's oil quantity is amongst the highest inventory levels noted across all commodities since I began this study. Moving tickets come into demand on election day, as I've experienced in the Congressional elections, and they also come into demand in resistance wars, also, with 10 units of oil required to produce one ticket, I am beginning to see why so much oil is required.

Wood inventories are flat (5,827 v 5,627) and so is price ($0.58 v $0.57) in this very competitive industry. The average quality is 1.43. With a lot of high-wood regions and some government projects afoot in Health and Defence, this is a very competitive industry.

All commodities operate under an identical labour to output ratio so their prices should be similar, all other things being equal. The base price would appear to be about $0.60 with iron an exception given that there is no high-iron region in Canada.

Products

Food inventory is down (2,723 v 3,963) and price is up ($2.81 v $2.15), the average quality is 1.87. Food is a competitive industry as daily purchases are made. Lower inventories translated into higher prices, this is conistent here. As the population of eCanada grows with each liberation, more food will be required. I believe that this accounts for the decline in inventory.

Gift inventory is up (1,122 v 600) and price is down ($4.72 v $5.67), the average quality is 1.88. The liberation of NWT has driven down the price of raw materials and created more opportunities for domestic businesses.

Weapon inventory is up (1,829 v 1,62😎 and the price is down ($12.79 v $14.96), the average quality is 2.05. Weapons are the highest quality product in eCanada. The supply/demand algorithm holds true here. Look for this product to stay competitive as long as wars are in play.

House inventory is down (5 v 9) and price is down ($274.50 v $395.44), the average quality is 1.60. The drop in price appears to have translated into a reduction in inventory. Until the war is dies down or prices become even MORE affordable, I don't see house volume climbing in the near future. I would like to see some government programs to subsidize the purchase of homes.

Labour

The building trade has 41 postings at an average rate of $10.84 versus 35/$8.16 on Sep 21, this is the third week in a row where postings have increased. The infrastructure projects in Health and Defence are a primary driver of this, BC received a hospital this past week and it appears that Quebec and Ontario are poised to receive on in the near future.

The gathering trade has 112 postings at an average rate of $6.89 versus 114/$8.04 on Sep 21. This is a sharp decrease in pay despite a steady supply of postings. My hypothesis is that companies are trying to keep costs down as wood, grain and oil are very competitive industries.

The producing trade has 109 postings at an average rate of $9.23 versus 126/$8.51 on Sep 21. Producers always seem to be in demand and with the renaissance of the eCanadian economy post liberation, the best producers will be in demand.

In all, there were 7 less job offers this period at a $0.21 discount over last period.

Who's your daddy? Addy's your daddy!!!