33. Capex Down 57% As GDP Rises 34%

Home / Observations / 33. Capex Down 57% As GDP Rises 34%

Capex Down 57% As GDP Rises 34%

April 29, 2022

Since 2014, commodity capital expenditures (as represented by S&P Global Natural Resources Index constituents) are down 57%, while US GDP is up 34% on a nominal basis. Commodity Capex is now below 1% of US GDP.

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Home / Observations / 33. Capex Down 57% As GDP Rises 34%

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