Why have US economic growth and inflation gone negative?

Economic growth

SHARE THIS STORY

ACS banner Jun14

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 tomorrow.  We will focus on these key issues:

  • The global population is ageing: fertility rates have halved since 1950, life expectancy is up by 50%
  • Household spending drives GDP, and it declines past the age of 50 – 55 years
  • Central banks have tried to compensate by creating wealth effects via sub-prime and quantitative easing
  • China’s New Normal policies are now the catalyst for change
  • Affordability and new technologies will be the winning strategies for the future

Please join me on Thursday to discuss these and other critical issues in my ‘Mid-Year Review’ for the American Chemical Society.  It will be moderated by Mark Jones of Dow Chemical.

ACS Jun15The webinar takes place on  Thursday @ 2pm – 3pm Eastern US Time

Free registration is at Chemistry & the Economy: 2015 Mid-Year Review

PREVIOUS POST

Europe can win despite age trends

02/06/2015

We all know that Europe has an ageing population.  Germany and Italy, for examp...

Learn more
NEXT POST

Average US auto loan term hits record 68 months in May

04/06/2015

May was “another fantastic month for US auto sales”.  Or, it took t...

Learn more
More posts
The world has wasted 3 months – there is little time now left to avoid a Covid-19 catastrophe
05/04/2020

It is now 3 months since China’s state television broadcast the first news of the Wuhan virus,...

Read
A new recession era to emerge
22/03/2020

Contingency planning has become mission-critical. The longer the coronavirus pandemic continues, the...

Read
Chain’s smartphone and auto sales tumble as coronavirus hits demand
08/03/2020

China is the world’s largest market for smartphones and autos – responsible for c30% of ...

Read
China’s lockdown makes global debt crisis now almost certain
23/02/2020

Beijing has a population of 21.5 million, but you wouldn’t know it from this BBC video from la...

Read
Financial markets head for (another) train crash as coronavirus starts to impact
17/02/2020

China’s industrial heartland of Hubei (pop 59m) and its capital Wuhan (pop 11m) have now been ...

Read
Coronavirus disruptions make global recession almost certain
11/02/2020

Last month, our Hong Kong-based pH Report colleague, Daniël de Blocq van Scheltinga, warned of the ...

Read
Your A to Z Guide to the Brexit trade negotiations
02/02/2020

A. Article 50 of the Lisbon Treaty set out the rules for leaving the European Union. As with most ne...

Read
Contingency planning is essential in 2020 as “synchronised slowdown” continues
12/01/2020

The IMF has now confirmed that the world economy has moved into the synchronised slowdown that I for...

Read

Market Intelligence

ICIS provides market intelligence that help businesses in the energy, petrochemical and fertilizer industries.

Learn more

Analytics

Across the globe, ICIS consultants provide detailed analysis and forecasting for the petrochemical, energy and fertilizer markets.

Learn more

Specialist Services

Find out more about how our specialist consulting services, events, conferences and training courses can help your teams.

Learn more

ICIS Insight

From our news service to our thought-leadership content, ICIS experts bring you the latest news and insight, when you need it.

Learn more