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.
U.S. Manufacturers’ Share of Domestic Market Plummets to Historic 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
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