This may sound like an odd questions to netizens and digital natives.
However, for those who are interested in doing projects at makerspaces, commodity prices matter.
The good news is that falling commodity prices means that prototypes will cost less and short runs will become more economically viable.
The reason commodity prices are falling is because China’s economy is slowing. It’s not because of any techno economic change that has made things better.
At this point in time, the Chinese slowdown could simply be an inconvenience that will hopefully correct itself starting in the fall. If the Chinese slowdown is more than just a summer slowdown things could get real dicey for highly industrialized economies.
Either way, makerspace development benefits from the lower commodity prices. The sad truth is that regardless of what happens in China more Americans will be impacted by international commodity prices in the future. Makerspace Development is the only way to ensure that all communities in America can continue to live on their own terms.