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See that? MSM "perception" of market failure trails customary 2-month lag in reporting by fed gov, every admin.
U.S. International Trade in Goods and Services, September 2019
The September figures show surpluses, in billions of dollars, with South and Central America ($5.0), Hong Kong ($2.1), Brazil ($1.0), OPEC ($1.0), Singapore ($0.9), United Kingdom ($0.7), and Saudi Arabia ($0.3). Deficits were recorded, in billions of dollars, with China ($28.0), European Union ($15.7), Mexico ($9.1), Japan ($5.9), Germany ($5.0), Italy ($3.0), Canada ($2.5), Taiwan ($2.1), India ($2.0), France ($1.7), and South Korea ($1.2).

  • The deficit with Germany decreased $1.9 billion to $5.0 billion in September. Exports increased $0.7 billion to $5.6 billion and imports decreased $1.2 billion to $10.7 billion.
  • The deficit with China decreased $0.9 billion to $28.0 billion in September. Exports decreased $1.0 billion to $9.0 billion and imports decreased $1.9 billion to $37.0 billion.
  • The deficit with Canada increased $0.9 billion to $2.5 billion in September. Exports decreased $0.3 billion to $24.5 billion and imports increased $0.6 billion to $27.0 billion.
Accumlating export losses over the past 24 months. Unless miracle "u-turn", he's done.

Diversity is the key to economic and political evolution.
by Cat on Tue Nov 5th, 2019 at 06:41:17 PM EST
[ Parent ]
Calculated Risk | chart pr0n
From the Fed: Industrial Production and Capacity Utilization

Industrial production fell 0.8 percent in October after declining 0.3 percent in September. Manufacturing production decreased 0.6 percent in October. Much of this decline was due to a drop of 7.1 percent in the output of motor vehicles and parts that resulted from ["]a strike["] at a major manufacturer of motor vehicles. [BWAH!] The decreases for total industrial production, manufacturing, and motor vehicles and parts were their largest since May 2018, April 2019, and January 2019, respectively.



Diversity is the key to economic and political evolution.
by Cat on Sun Nov 17th, 2019 at 07:17:59 PM EST
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