In his recent WSJ column “Strong Dollar Wins the Inflation Battle in New Spin on Currency Wars,” James Mackintosh suggests that the dollar’s sharp appreciation in recent years has been good for America and may be part of “an essential rebalancing of the global economy.” The costs of a bloated dollar are very high. Trade…
The economy is moving from growth to contraction, as Thursday’s 0.9% decline in GDP tells us. The debate over whether we are in a recession today is mostly pundits rehearsing their political messages for television, with the November election looming. We are almost certain to be in recession by year-end or early next year. I’m…
U.S. market share in the solar industry has increased since solar tariffs were enacted.
This article is an expanded version of testimony delivered by Mr. Ferry to the U.S. International Trade Commission on July 22, 2022. The Section 232 steel tariffs have benefited the U.S. steel industry and its workforce American steelworkers earned an average of $117,200 last year, making steel one of the best-paying industrial sectors in…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) rose to 81.29 in May, up 0.28% from the previous month, reflecting a rise in both high-quality and low-quality jobs. The slight increase was the result in increases in high-quality jobs in construction and transport/warehousing, which were partially…
Corporate profits grew by double and sometimes triple digits during the COVID-19 pandemic. Worker wages did not.
By Jeff Ferry, CPA Chief Economist, and Roslyn Layton, Ph.D., Co-Founder, China Tech Threat This Policy Paper, co-written by Coalition for a Prosperous America (CPA) and China Tech Threat (CTT), highlights the dangers of an impending decision by Apple to begin using Chinese-made memory chips in the iPhone 14. The paper outlines how this creates…
By Amanda Mayoral The U.S. is lagging behind China and the European Union in production of lithium-ion batteries for electric vehicles. Forecasts show the U.S. will fall further behind China by 2025 and remain dependent on imports for more than half of its EV battery needs. This CPA Policy Paper by CPA Economist Amanda…
President Biden’s Executive Order to waive solar tariffs on Southeast Asia effectively puts an existing trade case against those countries on hold.
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) rose to 81.01 in April, up 0.06% from the previous month, reflecting a rise in both high-wage and low-wage jobs. The increase was driven by modest gains in employment in high-quality, i.e. high-paying service sectors including finance, insurance,…