Losing more ground. Fresh fruit and vegetable imports up.

[Saltwater60]

Not good. We’re losing ground daily it seems. America will not be #1 for much longer if we even are today.

https://www.thepacker.com/news/produce-crops/usda-projects-hot-growth-produce-imports-over-next-decade

Factor in record trade deficits too.

United States Balance of Trade

The United States recorded a trade deficit of 70.43 USD Billion in August of 2024. This page provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey...

tradingeconomics.com

 

[Saltwater60]

More bad news.

Inflation notches a fresh 30-year high as measured by the Fed's favorite gauge

Annual inflation rose at its fastest pace in more than 30 years during September despite a decline in personal income.

www.cnbc.com