eddie-soehnel-portable-iden.../data/insights-hub/hrecords/4864.json
2026-06-16 13:20:04 -06:00

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{
"HubID": "4864",
"Date": "10/25/2024",
"HubTags": [
"External Platform Posts",
"Future Map Forward Guidance",
"Future Map"
],
"Contacts": "",
"Companies": "",
"File": "",
"Image": "4864__Image_URL.png",
"Summary": "<p>This chart shows the U.S. dependence on China for a large share of products, because China is the cheapest source for these goods. As the world deglobalizes and reshores, we have a long way to go to decouple from China to bring back manufacturing to reignite our next growth engine. As we increase domestic production, there will no doubt be significant cost increases, which means inflation will be higher, if not quite high. But AI coupled with robotics could help significantly to give us more efficient manufacturing. </p><a href=\"https://www.stlouisfed.org/on-the-economy/2024/sep/how-cheap-us-imports-china\" target=\"_blank\">https://www.stlouisfed.org/on-the-economy/2024/sep/how-cheap-us-imports-china</a><p><br /></p>",
"Notes": ""
}