The following chart shows our trade deficit as a fraction of our wages.
Click to enlarge.
Here's another way to look at that same data.
Click to enlarge.
Exponential trend failure? Big shocker.
Source Data:
St. Louis Fed: Custom Chart
BEA: Real GDP increased at 1.6% Annualized Rate in Q1
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From the BEA: Gross Domestic Product, First Quarter 2024 (Advance Estimate)
Real gross domestic product (GDP) increased at an *annual rate of 1.6
percent ...
2 hours ago
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