The Concrete Scowl

July 5th, 2014
in econ_news

The Chart of the Week 03 July 2014

Written by , Online Trading Academy

There is a relationship that applies to most of the world.  I call it the concrete scowl.  The very poorest countries have little infrastructure and other construction.  Countries with modest wealth tend to spend more on construction than poorer countries.  But when wealth increases further construction tends to decline again.

Cement consumption is discussed in video following the Read more >> jump.

Follow up:

Two countries do not fall into the pattern that is observed for all the other countries of the world.  That is discussed in this week's video.



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