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U.S. manufacturing employment is rising at its fastest pace in 18 years.

THE NUMBERS: Shares of world manufacturing output, by value-added, 2013* EU (28) 23.4% United States 19.1% China 17.6% Japan 10.4% Latin America 5.8% ASEAN 4.1% Korea 3.6% South Asia 2.9% Middle East 2.2% Sub-Saharan Africa 1.5% All other 8.2% * Major components of “All Other” include Russia 1.6%, Canada 1.5%, Taiwan 1.5%, Turkey 1.3%, Australia/New […]

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78 percent of U.S. imports from developing countries are duty-free.

THE NUMBERS: U.S. merchandise imports from developing countries, 2014* – TOTAL $1,130 billion Permanently Duty-Free $550 billion Duty-Free Via FTAs & Preferences $245 billion Tariffed $335 billion * Estimate based on the 11 months of data now available. WHAT THEY MEAN: Anticipating Congressional debate on the Trans-Pacific Partnership, Sen. Bernie Sanders (an independent Socialist from […]

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The U.S. embargo on Cuba has been in place for half of Cuba’s independent history.

THE NUMBERS: American goods imports in 1955, from world and top 9 sources– WORLD $11,384 million Canada $2,655 million Brazil $632 million U.K. $616 million Venezuela $576 million Colombia $442 million Japan $432 million Cuba $422 million Mexico $397 million Germany $366 million WHAT THEY MEAN: Launched with the Eisenhower administration’s cancellation of Cuban sugar […]

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