Maintaining US Leadership in Semiconductors and Countering China’s Threats
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Climate Change Beats China on Katherine Tai’s To-Do List
Climate change trumps China for the new USTR. We think the two are inseparable, actually.
CPA, China Tech Threat Release White Paper on Semiconductors, Countering China’s Threats
WASHINGTON — The Coalition for a Prosperous America (CPA) and China Tech Threat today jointly released a white paper titled “Maintaining U.S. Leadership in Semiconductors and Countering China’s Threats.” The paper examines the decline in U.S. market share in global semiconductor manufacturing, the attendant risks to U.S economic and national security, and why maintaining U.S.…
Reclaiming the US Solar Supply Chain from China
Solar power is a vital source of renewable energy and an essential industry for the US today and in the future. This White Paper looks at the success of the US solar module industry in investment, production growth, and record market share. Nevertheless, China still retains a chokehold on the industry through its dominance in…
Job Quality Index Rises 0.67% as US Adds 379,000 Jobs in February
The Job Quality Index (JQI) rose 0.67% to 81.58 in the March reading as the decline in low-quality jobs prompted a small increase in the JQI. The JQI report showed that the mean weekly wage for all P&NS workers increased to $862.28, a change of 0.69% from its revised level the month prior. The JQI, produced by…
CPA Reshoring Index Quarterly Report: US Manufacturers Lost Domestic Market Share in Q3 During COVID
By Steven L. Byers, PhD, and Jeff Ferry Key Points The CPA Reshoring Index (CRI) came in at 69.0 in Q3 2020, a decline of 165 basis points (1.6 percentage points) as compared to the Q2 level of 70.6, indicating that US manufacturers lost share to imports in Q3. US manufacturing production rose sharply in…
The Year in Trade 2020
By Steven L. Byers, PhD, and Jeff Ferry Last year the US registered its largest trade deficit in 12 years and its largest-ever deficit in goods trade. In this article, we review the main trends in US international trade in 2020. The US trade deficit continued to deteriorate in 2020 as it rose to a 12-year…
Job Quality Index Rises as Low-Quality Jobs Fall in January
The Job Quality Index (JQI) rose 0.54 to 79.36 in the February reading as the decline in low-quality jobs prompted a small increase in the JQI. The JQI, produced by the Coalition for a Prosperous America in partnership with academics from Cornell Law School, measures the ratio of high-quality to low-quality jobs where high quality…
CPA Reshoring Index Shows Manufacturing Import Penetration Hit New Low in Q1 2020
By Steven L. Byers, PhD, and Jeff Ferry The CPA Reshoring Index (CRI) rose to +173 in the first quarter of 2020, indicating that US manufacturers gained 1.73 percentage points of market share in the US market for manufactured goods. Import penetration in US manufacturing in the first quarter fell to 28.9%, its lowest level…
Supercharging Infrastructure Spending With Strict Buy America Rules
According to a new CPA analysis, a Congressional five-year $1.5 trillion infrastructure investment plan could create 2.5 million jobs by 2025 while bringing sorely needed improvement to the nation’s deteriorating infrastructure. However, the analysis finds that a quarter of the spending would go on imported materials and supplies. The same infrastructure plan implemented under a…