Analysis: US-China Trade Relationship 'Extremely Lopsided'
The U.S. and Chinese trade imbalances in manufactures continued to surge in 2012, with the U.S. deficit up by 8%, to $498 billion, and the Chinese surplus by 15%, to $755 billion, notes a new report from the Manufacturers Alliance for Productivity and Innovation (MAPI).
Imports Increase 1.2% in 2012
Slow and steady growth seems to be the consistent pattern for the year as import volume still has not returned to 2007 or 2008 levels.
Manufacturing Outlook: Slow, Steady Growth
The manufacturing sector continues to grow, but at a nominal pace as it confronts ongoing challenges, according to the latest quarterly Manufacturers Alliance for Productivity and Innovation (MAPI) “Survey on the Business Outlook.”
European Outlook: Manufacturing Held Back By Uncertainty, Prolonged Eurozone Crisis
The Eurozone is back in recession and this second downturn is wide-ranging with little support of aggregate demand, according to the Manufacturers Alliance for Productivity and Innovation (MAPI) “European Industrial Outlook,” a report covering 14 major industries.
The report separately analyzes Western Europe and Central Europe. The former generally comprises the 17 countries of the currency union (eurozone), while the latter includes the three largest economies of Central and Eastern Europe (CEE3): the Czech Republic, Hungary, and Poland.
