…answer to this. In 11 cases, the goods trade balance has improved from the year prior to the agreements’ coming into effect through 2011, in one case it’s too soon…

…definitions. The Current Account The chart below illustrates the 3-month accumulated current account balance as the sum of its components: the goods balance (exports minus imports of goods), the service…

…is decelerating precipitously. Exhibit 1: import demand for manufactured goods from 22.5% of the world (see chart at the end of this post) is slowing quickly, even contracting. The chart…

A shift to more internal demand for China might not benefit the US in ways we think it will. One such area is the impact of increased demand for resources…

…help people who are selling goods whose relative price goes up and hurt people whose are buying those goods. That effect, the change in spot prices due to changes in…

…an initial endowment of goods and maybe abilities 3) There is a production possibilities set describing how goods and abilities can be used to produce goods. In particular all the…

…rising foreclosures and high gas prices have stalled home building and consumer spending. These problems are exacerbated by the long-festering trade deficits on oil and with Asia on consumer goods…

Josh Bivens says what I wish I had said!…

…year (at least for the time being), and may in fact be falling. From the report: The Producer Price Index for Finished Goods showed no change in June, seasonally adjusted,…

…followed a 0.7-percent rise in March and a 0.4-percent gain in February… Among finished goods, much of April’s increase was due to a 2.1 percent advance in the energy goods…