Manufacturing Employment Hits All-Time Low. Will IRA Reverse the Trend?
U.S. manufacturing employment hit an all-time low as a percent of the total workforce, 8.3%.
U.S. manufacturing employment hit an all-time low as a percent of the total workforce, 8.3%.
China achieved domination of the global solar energy equipment industry thanks to $50 Billion+ of Chinese government subsidies.
Monthly index tracks currency misalignment based on latest market rates Dollar overvaluation rises to 14.8% against global currency basket from 14.3% last month Japanese yen
Economic models used to forecast the impact of international trade agreements have an in-built bias to favor free trade. This has led these models to
Key Points The Section 301 tariffs imposed in 2018 on Chinese imports reduced U.S. dependence on China. While U.S. imports surged by 39% between 2017
Written Testimony for House Committee on Financial Services, Subcommittee on National Security, Illicit Finance, and International Financial Institutions Submitted by Jeff Ferry, Chief Economist, Coalition
The U.S. dollar is 14.3% overvalued against global currencies, contributing to trade deficits costing some six million jobs, many in manufacturing.
Key Points U.S. Intelligence Community reports document that China poses the single greatest threat to U.S. economic and national security. Its malign activities include direct
De minimis China imports increases the 2022 U.S. goods trade deficit by 16% to $1.38 trillion, representing some 8.3 million lost U.S. jobs.
Job Quality Index shows that low-wage job growth has steadily outpaced high-wage job growth since 1990 for non-management workers.