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 the earlier shock. Also in Los Gatos, one man died when he exited a building through a window and fell five stories. The Loma Prieta earthquake was named for Loma Prieta Peak in the Santa Cruz Mountains, which lies just to the east of the mainshock epicenter. The duration of the heaviest shaking in the Santa Cruz Mountains was about 15 seconds, but strong ground motion recordings revealed that the duration of shaking was not uniform throughout the affected area (due to different types and thicknesses of soil). At sites with rocky terrain, the duration was shorter and the shaking