The Monthly Economic Report for October dropped last week and, while Delve is back near the top of the charts for economic activity in null sec, the Imperium’s recovery is still lagging behind Fraternity’s economic efforts in its main region.
So we might as well get right into the numbers.
In September we saw Genesis at the top of the chart with 2.15 trillion ISK mined. The region is made up of both high and low sec empire space, and it vaulted to the number one spot with a combo of high sec mining along with Dock Workers attempting to set up a low sec mining operation.
October changed the picture, with the top ten regions being:
- Vale of the Silent – 2.67 trillion (Fraternity)
- Delve – 2.11 trillion (Imperium)
- Branch – 1.96 trillion (Fraternity)
- Etherium Reach – 1.80 trillion (Pan Fam)
- Fountain – 1.51 trillion (Imperium)
- Querious – 1.37 trillion (Imperium)
- Catch – 1.36 trillion (Imperium & neutrals)
- Outer Passage – 1.29 trillion (TEST)
- Malpais – 1.27 trillion (Pan Fam)
- The Kalevala Expanse – 1.21 trillion (Pan Fam)
It looks like the Dock Workers plans fell through, and for the first time in a long stretch null sec again occupies the top ten slots for mining. There was a point during the war when high sec completely dominated the list, but the war is clearly over.
Fraternity led the way in Vale of the Silent, which is their primary home region now which, along with Branch mined a combined 4.63 trillion ISK. While Vale of the Silent eclipsed Delve, overall Imperium mining exceeded 5 trillion ISK in value if we add in a bit from Catch. (4.99 trillion without Catch.) PanFam pulled a good 4.28 trillion ISK in minerals out of their regions, while TEST, alone in Outer Passage, is trying to crank up to recover from its complete defeat in World War Bee with 1.29 trillion ISK mined.
Overall mining output in October was valued at 45.72 trillion ISK, up more than 12 trillion ISK from September. That means the total m3 mined was probably considerably more than the previous month because the price of minerals, and ore has no value aside from what the market is willing to pay, was down a bit in October.
It is possible that we will see the total amount mined go up when we get the November MER next month as people try to grab what they can before the New Dawn “age or prosperity” lands and solidifies the starvation economy with nerfs and time sink mechanics. There is not much time left to mine with Rorquals.
Or maybe the number will go down if all those people who said they were unsubscribing their Rorqual alts carry through on the threat. Mineral prices will probably hold or even go up a bit as people stockpile due to uncertainty.
Where mining leads, production follows… sort of… or not really.
Production, which saw a bit of a rise due to the post-war building boom as regions… mostly Imperium… had to be rebuilt, slid back a bit as that tapered off and no large war stepped in to consume ships and materiel.
Capital ships remain too costly to build so few are being risked, and those that do die on the field are being replaced by stocks built before the huge industry nerf hit in April.
Overall production totaled out to 92.59 trillion ISK, down by about 8 trillion from September, with the top ten regions being:
- The Forge – 17.54 trillion
- Delve – 8.72 trillion
- Lonetrek – 6.86 trillion
- The Citadel – 6.23 trillion
- Vale of the Silent – 5.76 trillion
- Sinq Laison – 3.72 trillion
- Fade – 3.67 trillion
- Domain – 3.03 trillion
- The Kalevala Expanse – 2.74 trillion
- Malpais – 2.43 trillion
The Forge, Lonetrek, and The Citadel are always the big three as they all serve the Jita market. Delve remained strong, though it was down from more than 11 trillion ISK last month.
Destruction drives production, but while production was down, destruction remain flat, totaling up to about 31.78 trillion ISK, close to the 31.41 trillion ISK destroyed in September. That likely means that the decline in production was more about the post-war building boom fading than the lack of a serious war.
The top ten regions for destruction were:
- The Forge – 2.04 trillion
- The Citadel – 1.65 trillion
- Lonetrek – 1.49 trillion
- Vale of the Silent – 1.31 trillion
- Delve – 1.21 trillion
- Pochven – 1.11 trillion
- Metropolis – 1.04 trillion
- Genesis – 993 billion
- Pure Blind – 987 billion
- Sinq Laison – 950 billion
The Forge, Lonetrek, and The Citadel are big in production and destruction as traffic to and from Jita provides the most lucrative targets for suicide gankers.
Trade totaled up to 591.65 trillion ISK in value, down about 16 trillion from September, which isn’t a huge drop. The top ten regions for trade were:
- The Forge – 436.66 trillion (Jita)
- Domain – 43.21 trillion (Amarrr)
- Delve – 15.30 trillion (Imperium)
- Sinq Laison – 15.07 trillion (Dodixie)
- Lonetrek – 15.07 trillion (Caldari High Sec)
- Metropolis – 8.83 trillion (Hek)
- Heimatar – 7.74 trillion (Rens)
- The Kalevala Expanse – 6.27 trillion (PanFam)
- Vale of the Silent – 4.53 trillion (Fraternity)
- Essence – 4.04 trillion (Gallente High Sec)
Those are the same ten regions, in the same order, as last month. Trade hubs and large coalitions will tend to dominate this list, though Jita alone is more than 70% of the total. I do still wonder what is driving trade in Essence. It isn’t a region I know.
And, finally, the “show me the money” part of the summary, though some of the “show” part requires me to put on my glasses because the charts are in tiny eye-strain inducing font sizes.
The cropped off top of the big sinks and faucets chart shows commodities still at the top of the list.
That shows commodities ringing in at 35.2 trillion ISK, while Bounty Prizes and ESS payouts combined add up to 31 trillion ISK. Bounties are catching up again. Then there are incursions and Triglavian invasions, which add up to 21.9 trillion ISK.
Here is the chart of the top ten sinks and faucets over time.
You can see… if you click on it to see it full size… that the commodity line tends to be some what bursty, which is probably due to the nature of the rewards, which have to be brought to an NPC station in empire space to be converted into ISK. Bounties tend to be smoother over time, only changing rapidly due to CCP intervention (you can see the blackout dip and where the ESS system was made mandatory), and a few peaks that probably related to wars, but otherwise it tends to be smoother on a day to day basis.
The other line of interest on the chart is the transaction tax, which got a huge spike after a three month tax holiday. CCP changed around the tax structure so now broker’s fees, the bit that players can collect in player controlled stations, are lower while the transaction tax, which is a sink everywhere, is much higher. More of CCP trying to fix the economy, though in a more benign way in this case. Making the Tranquility Trading Tower such a lucrative enterprise was probably a mistake on CCP’s part.
On the commodities front, Sleeper drops from wormhole ratting remain the top commodity.
Then, for NPC bounties, the top regions were:
- Vale of the Silent – 2.15 trillion (Fraternity)
- Delve – 1.72 trillion (Imperium)
- The Kalevala Expanse – 1.53 trillion (PanFam)
- Fountain – 1.31 trillion (Imperium)
- Outer Passage – 1.15 trillion (Fraternity)
- Malpais – 991 billion (PanFam)
- Esoteria – 978 billion (Army of Mango)
- Querious – 976 billion (Imperium)
- Oasa – 932 billion (Fraternity)
- Insmother – 901 billion (FI.RE)
Vale of the Silent took first place in both mining and ratting this month, but that was mostly due to activity dropping in Delve, which had 2.22 trillion ISK in September, than from any increase from Fraternity.
The regional data shows a total of 29.64 trillion ISK gained from bounties and ESS payouts, which is close to, but not the same as, the 31 trillion the sinks and faucets chart and data shows, and I don’t think we were even mission a region in the data this month. Either way, that is pretty close to what is was in September.
And so it goes, another month in New Eden.
As usual you can find this information and more by downloading the raw data and charts from the MER dev blog.
- TNG – The Velocity of ISK