The latest U.S. trade numbers do show a drop in real imports, but the situation is neither as dire as it seems, nor necessarily a portent of a faltering global trading system. What we trade can have a lot to do with where we trade, and both have been shifting.
The cheery headline CPI number for May was deceiving. More reliable, recent core components of the same report show persistent inflation well above the Fed’s tolerance levels.
Italy’s primary manufacturing exports to the U.S. jumped nearly 27% year-on-year in 2022. What’s behind the increases and what can it tell us about shifting supply chains?
The cheery headline CPI number for May was deceiving. More reliable, recent core components of the same report show persistent inflation well above the Fed’s tolerance levels.
The cheery headline CPI number for May was deceiving. More reliable, recent core components of the same report show persistent inflation well above the Fed’s tolerance levels.
Real personal consumption expenditures in April showed their strongest monthly increase since January. U.S. consumers’ enduring dedication to spending has been most pronounced (and least explicable) in the case of durable goods.
Real personal consumption expenditures in April showed their strongest monthly increase since January. U.S. consumers’ enduring dedication to spending has been most pronounced (and least explicable) in the case of durable goods.
The initial IPEF supply chain agreement is long on promises and short on binding commitments.