Here’s How Pharmaceutical Drugs Are Recalled. And Why Some Might Still Remain on the Shelves.
Most people think that when a drug is recalled by the lab, it is pulled from pharmacy shelves. It’s not. Here’s how drug recalls really work.
September Trade Deficit Rises 11.6% As U.S. Heads For Record $1.1+ Trillion Goods Deficit
After a sharp six month decline, the trade deficit is back up and on track to break another record even as China imports stall.
Why Voluntarily Leaving China (or Being Forced to) Does Not Undermine Fiduciary Duty
Investment managers say they have a fiduciary responsibility to be in China. Here’s why they need to seriously rethink this.
U.S. Dependent on Foreign Sources for Nearly Every Critical Mineral
The U.S. is largely dependent on foreign sources for the critical minerals that will power a clean energy transition. The Inflation Act helps. But it’s going to take a while to be even moderately self-sufficient.
U.S. Income Inequality Widened Further in 2021
The top 5% and top 20% of U.S. households have enjoyed most of the gains in U.S. GDP since 1970. Bottom 20% have seen almost no gains in 50 years.
Production Tax Credits Unleash Tidal Wave of Investment in Manufacturing
$22 Billion of Investment to Create 15,000 Jobs The manufacturing incentives tucked into the Inflation Reduction Act have unleashed a tidal wave of investment in U.S. manufacturing unlike any we have seen in decades. According to CPA calculations, and our calculations are a work in progress, so far $22 billion of investment dollars have been…
DMSI Falls to All-Time Low in Q2 2022
The CPA Domestic Market Share Index (DMSI) fell to 66.2 in Q2 2022, down from 67.2 in the previous quarter, indicating that domestic producers lost a full percentage point of market share while importers increased their share of the U.S. market for manufactured goods by one point to 33.8%. The Q2 DMSI of 66.2 matches…
Why Congress Needs an Annual Review of U.S. Sanctions Policy
At a recent House Human Rights Commission hearing, the need for more oversight on sanctions to make sure they’re working. And how they could work better.
The Services Trade Surplus: Does it Matter?
Some argue that if the U.S. let the services industry grow through exports, it would lower our trillion-dollar trade gap with the world. CPA economist Jeff Ferry explains why that will never happen, and why it is better to increase manufacturing at home to lower the deficit.
US Rare Earths Industry Making Inroads Into China’s Global Dominance
America’s dependence on China for rare earth supplies is one of the most serious issues for the U.S. supply chain. Rare earths are critical minerals with uses in military equipment such as fighter jets. On the civilian side, rare earths are required for the motors in electric vehicles, a market that is destined to be…