Keep an Eye on Industrial Construction Spending - Zeihan on Geopolitics
Summary by Zeihan on Geopolitics
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Keep an Eye on Industrial Construction Spending - Zeihan on Geopolitics
We’ve got another economic metric for y’all to keep an eye on. Today, we’re looking at total construction spending for US manufacturing capacity. This metric helps us understand how quickly the US is preparing to rebuild its industrial base. Which, as we’ve discussed extensively, is going to be essential as the US faces deglobalization…and China going bye-bye. But things are stalling. Trump has created a construction purgatory, and businesses ar…
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