…imported goods, and (b) increased cost of domestic goods, as domestic producers raise prices to match imports. Econ 101. Trump is promising to lift taxes on tips and on Social…

…retail sales (dark blue) and the similar measure of real personal consumption of goods (light blue) to 100 as of just before the pandemic: Since the end of the pandemic…

…poverty committed by people who need basic goods. The need of goods such as hygiene products, food, or baby formula. Stolen either for their own survival or to sell in order…

Mexico buys about $300 billion worth of goods from us every year, mostly machinery, oil, autos, food and office equipment. If Trump imposes a 25% tariff on Mexican imports, you…

…Blog In recent decades, the US has grown increasingly dependent on imports from China to access a vast variety of goods. The FRED graph above shows Chinese import data: From…

…(gold), which are up 3.8% YoY, their approximate YoY advance for the past six months. On a YoY basis, goods (red) are still in mild *deflation*: On a monthly basis,…

…aiding improvement in the economy since then. If construction has also rolled over, then goods production as a whole – and employment in goods production – are probably close behind….

…in the past few months is that the *delfation* in goods (red) has ended, as they were unchanged YoY in December: Note that the long term graph of the YoY…

…actually is imposing a tax on us, on the goods we import from these countries. We pay the tariff, not the bad actor in Trump’s tough guy warnings. Higher import…

…plastics industry. Steel and aluminum are primary materials in the production of molds for industries such as automotive, aerospace, and consumer goods. Mold makers, who rely heavily on imported metals,…