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 removed and replaced the collapsed section, and re-opened the bridge on November 18. The worst disaster of the earthquake was the collapse of the two-level Cypress Street Viaduct of Interstate 880 in West Oakland. The failure of a section of the viaduct, also known as the "Cypress Structure" and the "Cypress Freeway", killed 42 and injured many more. Built in the late 1950s, the Cypress Street Viaduct, a stretch of Interstate 880, was a double-deck freeway section made of nonductile reinforced concrete that was constructed above and astride Cypress Street in Oakland. Roughly half of the land the Cypress Viaduct