Aftermath of the 2011 Tōhoku earthquake and tsunami highest in the world). This additional spending could hurt demand for government bonds. Silicon wafer production has been suspended at factories owned by Shin-Etsu Chemical and MEMC Electronic Materials, which together account for 25% of the global silicon wafer production. The suspension is expected to drastically impact semiconductor production, which is contingent on wafer availability. Some economic analysts consider that, ultimately, the catastrophe will improve Japan's economy, with increased job availability during restoration efforts. An analyst at JPMorgan Chase, citing the 1989 Loma Prieta earthquake in the San Francisco Bay Area and the Southern California 1994 Northridge earthquake, noted that
1989 Loma Prieta earthquake trains and buses were stalled in place—half of Muni's transport capability was lost for 12 hours. Muni relied on diesel buses to continue abbreviated service until electric power was restored later that night, and electric units could be inspected and readied for service on the morning of October 18. After 78 hours, 96 percent of Muni services were back in operation, including the cable cars. Amtrak intercity rail service into Oakland from the "California Zephyr" continued, but the "Coast Starlight" was temporarily suspended north of Salinas because of damage to the Southern Pacific's Coast Line. The earthquake changed the Bay