Domestic Manufacturer’s Share of U.S. Market is Shrinking. CPA Economists Explain Why.
CPA economists Jeff Ferry and Amanda Mayoral explain the continued deterioration of market share for domestic producers versus imports.
China Commission Hears Testimony from Reshoring Advocate
A China Beige Book executive makes the case for reshoring in testimony to the U.S. China Economic and Security Review Commission. Meanwhile, U.S. manufacturers continue to lose local market share to imports.
June Trade Deficit Drops 6.2%, But 2022 Still Set for Highest Deficit Ever
Manufactured goods helped increase exports for June and lowered the trade deficit for the month. But on balance, the U.S. is careening towards another record-breaking year for the goods trade deficit.
CPA Data Shows Federal Retirement Funds Flowing to CCP Companies
WASHINGTON — The Coalition for a Prosperous America (CPA) today released its findings regarding the Thrift Savings Plan’s (TSP) new Mutual Fund Window. As first reported by The Wall Street Journal, CPA’s deep-dive into the Mutual Fund Window’s offerings document serious exposure to companies owned or controlled by the Chinese Communist Party (CCP). Shockingly, the…
DMSI Falls to Lowest Level in Q1 2022 As U.S. Manufacturing Loses Share to Imports
The CPA Domestic Market Share Index (DMSI) fell to 64.9 in Q1 2022, down from 66.4 in the previous quarter, indicating that importers increased their share of U.S. consumption of manufactured goods in Q1 by 1.4 percentage points to 35.1%. This is the lowest domestic market share and highest import share since the beginning of…
Mighty Dollar – Mighty Wrong
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…
U.S. Solar Sector Gets Huge Relief in Inflation Reduction Act of 2022
Solar tax credits will make up for some of the damage done to the Section 201 solar safeguards. But Congress beware: the U.S. can’t out-subsidize China.
What the CHIPS Act Really Means for U.S. Semiconductor Manufacturers
CPA chief economist Jeff Ferry says the CHIPS Act is needed to counter China’s rise in the semiconductor space, and that the R&D component of the bill needs to include guardrails so American academia isn’t beta-testing and researching new chips in partnership with Chinese universities and companies.
House Foreign Affairs Committee Talks China Export Controls, CHIPS Act
Commerce Department official tells House Foreign Affairs of the urgent need for the CHIPS Act, and says department is looking into more export controls on China.
The Importance of Tariffs on the U.S. Solar Market
U.S. market share in the solar industry has increased since solar tariffs were enacted.