U.S. Domestic Market Share Index Hits All-Time Low

WASHINGTON — The Coalition for a Prosperous America (CPA) today released an update to the Domestic Market Share Index (DMSI), a new indicator that measures the success of U.S. manufacturing producers in the U.S. home market. The DMSI fell to 66.2 in Q2 2022, down from 67.2 in the previous quarter, indicating that domestic producers…

CPA Urges Fed, Treasury, Congress to Address Soaring U.S. Dollar

Currency misalignment reaching critical level WASHINGTON — The Coalition for a Prosperous America (CPA) today formally urged the federal government to address the U.S. dollar’s continuing overvaluation. In a letter to U.S. Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell, and the leadership of the Senate Banking and House Financial Services Committees, CPA highlighted…

CPA to Congress: U.S. Can Support Taiwan without a Trade Agreement

WASHINGTON — As the Biden administration and Congress consider a potential free trade deal with Taiwan, the Coalition for a Prosperous America (CPA) has documented why such a deal would work against U.S. interests while offering little in the way of meaningful protection for Taiwan. Earlier this month, CPA submitted testimony to the House Ways…

Job Quality Index Falls to 81.07

WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) fell 0.45% to 81.07 in August, as low-quality job additions exceeded high-quality additions. Low quality jobs, i.e. jobs that pay weekly wages below the national average for all production and nonsupervisory workers, increased in the latest month, particularly…

House Prices Move Further Out of Reach for Young Families

  By Amanda Mayoral   Summary Americans are working harder and waiting longer to buy homes The cost of a home is 6 times median household income today, versus 3.2 times in 1967 The disparity between house prices and median incomes was exacerbated by the COVID pandemic which drove a 37% increase in house prices…

CPA Requests CBP Investigate China’s SHEIN for Exploiting De Minimis Loophole to Import Forced Labor Goods

WASHINGTON — The Coalition for a Prosperous America (CPA) urged U.S. Customs and Border Protection (CBP) to investigate SHEIN, the Chinese company dominating fast fashion online retail, for exploiting the de minimis loophole to import clothing products suspected of being made with cotton produced in Xinjiang with forced labor. Currently, CBP does not receive even…

CPA Applauds USTR for Beginning Process to Renew All Section 301 China Tariffs

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the Office of the United States Trade Representative (USTR) for formally initiating the process to continue the Section 301 China tariffs that were imposed to combat massive intellectual property theft by China that is directly harming American workers and U.S. manufacturers. As part of…

Job Quality Index Up Slightly As High & Low Quality Jobs Rise

WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) edged up by 0.01% to 81.279 in July, as the addition of high-quality jobs slightly exceeded low-quality job additions. High-quality jobs increased in professional and business services and health care and social assistance. Low quality jobs increased…