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Foreign-Born Labor Force Growth Exceeds Native-Born in the U.S. (2005–2024)
From 2005 to the twelve months ending November 2024, the U.S. native-born labor force grew by 6.7%, adding 8.5 million individuals. In...
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Jan 181 min read
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Manufactures Unit Value Index: Six Decades of Global Economic Shifts (1960–2024)
The "Manufactures Unit Value Index" (MUV) tracks the unit value of manufactured goods exported by fifteen major countries from 1960 to...
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Jan 181 min read
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Contrasting Trends in U.S. Labor Force: Native-Born Decline vs. Foreign-Born Growth in 2024
From January to November 2024, the U.S. native-born labor force contracted by 0.2%, while the foreign-born labor force expanded by 4.1%...
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Jan 41 min read
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BRICS GDP (PPP) Projected to Match Advanced Economies by Late 2020s
According to IMF data, the GDP of BRICS countries, measured by purchasing power parity (PPP), is expected to approach that of Advanced...
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Jan 41 min read
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India Economy Growth Declined for Three Consequent Quarter, Reaching 5.4% in Jul-Sep Quarter, Lowest Rate in Last Seven Quarters
India economy growth declined for three consequent quarter, reaching 5.4% in Jul-Sep quarter, the lowest rate in last seven quarters...
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Jan 41 min read
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U.S. Semiconductor Production Surges While Total Manufacturing Stalls
In the first 11 months of 2024, the U.S. semiconductor production index rose by 7.1% compared to the same period in 2023, while the total...
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Jan 41 min read
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U.S. Current-Account Deficit Hits Record $311 Billion in Q3 2024, but Share of GDP Remains Modest
The U.S. current-account deficit, which reflects the combined balances of trade in goods and services and income flows between U.S....
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Jan 41 min read
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U.S. $57 Billion Fuels Trade Surplus in 2023 vs. EU $455 Billion Deficit and China's $435 Deficit
The following key trends are highlighted: United States: Historically had a fuels trade deficit, which began improving significantly...
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Jan 41 min read
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The Rise and Fall of U.S. Trade Liberalism with China
The U.S. trade deficit with China as a percentage of GDP Rise from 1980s, matured in the mid-2010s to 2018, and declined since 2018. Key...
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Jan 41 min read
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EMDEs (Excluding China) GDP (PPP) Nears Advanced Economies in 2024
IMF data shows that by 2024, the GDP (PPP) of Emerging Market and Developing Economies (EMDEs), excluding China, approached that of...
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Jan 41 min read
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Global Trade Policy Uncertainty Index: Volatility from 1960 to 2024
The index highlights significant periods of heightened trade policy uncertainty, with the latest surge occurring after the U.S. election....
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Jan 41 min read
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Asia's GDP (PPP) Surpasses North America and Europe Combined Since the 2000s
IMF data shows that the combined share of North America and Europe in global GDP (PPP) steadily declined from 58% in 1980 to 39% in 2024....
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Jan 41 min read
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The Rise and Evolution of Global Trade Openness (1960–2023)
1970s: Trade openness began increasing following the early 1970s collapse of the Bretton Woods system, which ended fixed exchange rates....
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Jan 41 min read
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U.S. and China: Economic Interdependence through Trade
Trade between the U.S. and China has declined relative to each country's GDP. U.S. trade with China fell from 3.2% of GDP in 2018 to 2.2%...
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Jan 41 min read
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U.S. Share of GDP (PPP) Rises Among Advanced Economies, Declines Globally
According to IMF data, the U.S. share of GDP (PPP) among advanced economies increased from 35% in the mid-1980s to 38% in 2024. In...
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Jan 41 min read
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U.S. Corporate Profits Soar Post-Pandemic
U.S. Corporate Profit Growth Rate (Quarterly, 1990–Q2 2024)
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Jan 41 min read
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The Shale Revolution's Impact on the U.S. Economy
Shifting from a Deficit to a Surplus in Fuel Trade Balance Relative to GDP For decades, fossil fuels and products trade balance to GDP...
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Jan 41 min read
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Crude Oil Production Value as a Share of Global GDP (1973–2024)
In 2023, crude oil production value accounted for 2.3% of global GDP, with an estimated 2.2% in 2024, both below the long-term average of...
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Jan 41 min read
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Global Economic Impact of Exports in 2023
Goods and Services Exports as a Percentage of Gross Domestic Product (GDP) In 2023, the global ratio of goods and services exports to GDP...
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Jan 41 min read
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Leading Industrial Economies of 2023
Ranked by Manufacturing Value Added as a Percentage of GDP
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Jan 41 min read
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