How close is the EU to implementing its carbon border tax? What products are being covered? This report builds on earlier research and finds that the greatly expanded scope of the CBAM now accounts for over 11% of EU imports compared to 5% previously after the inclusion of more…
The U.S. Supreme Court declined to hear a challenge to California’s worker classification law (known as AB5), rendering the future of many independent truck drivers in the state uncertain. Learn more.
While the economy appears to be contracting and retailers worry about increased inventories, the job market in May and June continued to show strength. These hot and cold conflicting signals about the economy are highly unusual.
What is a recession? Which sectors do worst and best during a downturn? This report outlines the key measures used to track a recession - only a few are flashing red currently. Should there be a downturn, the most exposed sectors in terms of PCE spending are high-end…
This month marks the fourth anniversary of Section 301 tariffs. Learn more about the benefits of a duty drawback program from the perspective of two customers who claimed huge refunds.
What is the state of international trade? Will demand for goods remain robust? Have inventories been refilled yet? Are logistics bottlenecks clearing? In the June 2022 State of Trade webinar we identified many signs of negative pressure though a downturn has yet to get fully…
While May personal income and outlays figures showed drops in both real disposable income and personal consumption expenditures, we’ve largely seen a stabilization in these figures in recent months. The significant drops were from post-recession spikes and the current levels of…
Trends in Ocean shipping show that may not always be the case. This report reviews data comparing shipping and turnaround times between East and Gulf Coast versus West Coast ports. East and Gulf Coast ports, while more numerous and smaller than their Pacific peers, are…
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