{
  "docId": "019dd923-5e88-73ef-bd58-da989efca95b",
  "docSlug": "d17594068844446e",
  "documentTitle": "ey global economic outlook july 2023",
  "authorId": "MorganStanley",
  "authorName": "EY Parthenon",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 7,
  "pageCount": 33,
  "prevPage": 6,
  "nextPage": 8,
  "slideType": "industry_trends",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 26,
  "notes": "The slide uses a line chart for longitudinal employment data and a grouped bar chart for wage growth comparisons.",
  "elementsJson": [
    "headline_text",
    "line_chart",
    "bar_chart_grouped",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd58-da989efca95b/7",
  "deckHref": "/decks/019dd923-5e88-73ef-bd58-da989efca95b",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd58-da989efca95b.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd58-da989efca95b#slide-7",
  "components": [
    {
      "bbox": {
        "h": 0.6,
        "w": 0.45,
        "x": 0.52,
        "y": 0.2
      },
      "kind": "chart",
      "text": "Y/y nominal wage growth rate 2023 Q1 vs 2017-2019 average",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "82129414-98b4-446c-8cac-54660e1ba602",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.45,
        "x": 0.05,
        "y": 0.2
      },
      "kind": "chart",
      "text": "Employment-level index 2015 Q1 - 2023 Q1 (2019 Q4 = 100)",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "be6ac08e-ddf8-4b01-8c98-14f273b0bfff",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Y/y nominal wage growth rate: 13.0%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-340c-7065-8a6b-329b44339fb6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.3,
        "x": 0.05,
        "y": 0.94
      },
      "kind": "source-note",
      "text": "1. Euro area includes 20 countries. Source: Oxford Economics; FRED; Office for National Statistics",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "27699e48-9a87-454c-bacf-0f80e71f7dee",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.9,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "Across most major economies, employment has surpassed pre-pandemic levels; labor hoarding has led to tight labor market conditions and elevated wage growth",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "732311d9-807d-4be0-86b4-2109924a2a7a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.15,
        "x": 0.05,
        "y": 0.05
      },
      "kind": "title",
      "text": "Global snapshot",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5ff639be-facb-4dcc-9ebd-a71973ebf8fa",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 10,
      "from": 5,
      "beatId": "89c08538-dcfc-40d8-bb02-3d81a7f2b3c8",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Need",
      "beatSlug": "monroes-sequence-need",
      "evidence": "In 2023, global GDP growth will likely be the slowest since 2001...",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [
    {
      "to": 10,
      "from": 3,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "4f1f6cf4-986a-4487-84d8-7f0043cfb34b",
      "evidence": "Persistent core inflation pressures are keeping central bankers on high alert.",
      "position": 0,
      "objective": "Highlight the risks of not addressing the economic slowdown",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.7,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}