https://www.cbo.gov/publication/61187 Summery: This report presents the Congressional Budget Office’s projections of what the federal budget and the economy would look like over the next 30 years if current laws generally...
Last year, America’s exports of goods and services rose 3.9% under the Balance of Payments definition while imports were up 6%. Goods – merchandise, durables, or “things you can drop...
According to the official data release, China’s economy grew 5% in real terms in 2024, to Rmb134,908.4 billion (US$18,943.3 billion). That’s equal to Rmb95,797 – US$13,400 – per person. Urban...
 St Louis Federal Reserve, February 26, 2025, By Christopher J. Neely Abstract This article examines the likely economic effects of a Chinese invasion or blockade of Taiwan for the...
In 2024, US merchandise trade totaled $5.33 trillion, up 4.6% over 2023 and the largest amount in history. Exports totaled $2.07 trillion, up 2.3% and just $1.27 billion below the...
