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Chemicals and the Economy

Average US auto loan term hits record 68 months in May

May was “another fantastic month for US auto sales”.  Or, it took the industry “one month closer to an inevitable downturn”.  All depends on which analyst you talk to: Ward’s Autos called May’s sales the best since July 2005 LMC Automotive suggested growth rates were slowing, and could possibly even contract next year It also depends […]

Why have US economic growth and inflation gone negative?

Chemistry & the Economy:  2015 Mid-Year Review Why did US GDP go negative, again, in Q1?  Why is the US seeing deflation rather than the expected inflation?  Is this really just due to bad winter weather? These are the questions I will discuss in my next ‘Chemistry & the Economy’ webinar for the American Chemical Society […]

Europe can win despite age trends

We all know that Europe has an ageing population.  Germany and Italy, for example, have median ages of 45 years.  And fertility rates have been below replacement levels for 45 years, so the relative number of higher-spending young people is reducing.  Instead, there are more and more older people, as life expectancy at age 65 […]

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