What’s Driving the Recent Slump in U.S. Imports?
The Effect of the Strong Dollar on U.S. Growth
The recent strengthening of the U.S. dollar has raised concerns about its impact on U.S. GDP growth.
China’s Impact on U.S. Inflation
U.S. import prices of consumer goods shipped from China have been moderating in recent quarters, following an upward surge of 11 percent between mid-2010 and the end of 2011.