Americans are driving less each year. For the first time since records began in 1970, average vehicle miles per person has been declining for over a decade. The trend is now so well established, it is highly unlikely that the current collapse of oil prices back to normal levels will change the overall picture. This has enormous implications […]
Tag Archives | BabyBoomers
Who would have believed the blog would still be here, 7 years after it began with a post from Thailand in June 2007? Who would have believed the range of developments that have appeared for it to discuss over this period? It started at the end of the SuperCycle as central banks pumped cash into the […]
US housing markets will never be the same again. That’s the conclusion of a new analysis by the blog for ICB. The picture above of a typical US family from the BabyBoom days tells the story: The number of US babies born between 1946 – 64 increased by 50% versus the previous 18 years 4 million […]
The blog’s important eBook, ’Boom, Gloom and the New Normal: How Ageing Western BabyBoomers are Changing Demand Patterns, Again’, was published 3 years ago this month. Co-authored with John Richardson, it identified the major changes taking place in global and national demand patterns: Growth accelerated from the 1980s, as the population became concentrated in the wealth creating 25 – 54 […]
“Recent economic reports suggest a bleaker picture for housing…. Some of the weakness reflects the cold weather in much of the country. However, higher home prices and mortgage rates are taking a toll on affordability.” This was the sober report yesterday from the chairman of the authoritative S&P Case-Shiller Home Price Index, adding that “the strongest part […]
The blog’s latest post for the Financial Times FT Data blog is below. February 13, 2014 2:22 pm by FT Two remarkable global demographic developments have occurred since 1950. Yet only recently have their impact on companies and the economy begun to be properly understood. Life expectancy has risen by 50 per cent since 1950 […]
You can’t turn 55-year-olds back into 30-year-olds. That, in a nutshell, is why today’s globally ageing populations are creating major changes in demand patterns. Household consumption is more than 60% of GDP in all developed countries, and also the key driver for future growth in emerging economies. So the rise of the New Old 55+ […]
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Paul Hodges is Chairman of International eChem, trusted commercial advisers to the global chemical industry.
The aim of this blog is to share ideas about the influences that may shape the chemical industry over the next 12 – 18 months. It will try to look behind today’s headlines, to understand what may happen next in important issues such oil prices, economic growth and the environment. We may also have some fun, investigating a few of the more offbeat events that take place from time to time. Please do join me and share your thoughts.
Between us, we will hopefully develop useful insights into the key factors that will drive the industry's future performance.