The importance of imports : Import tariffs, imports of production inputs, and domestic investment

U.S. trade policy continues to change, with rising tariffs on imports of capital goods and intermediate inputs from China and other countries. But how important are these types of imports for the U.S. economy, especially compared with total U.S. imports? As usual, FRED can help answer our question: The graph above plots the share of capital and intermediate inputs in aggregate U.S. imports over the period 1999-2019.
As the graph shows, the share is not small. In fact, it’s the majority of total imports, ranging from 46% to 61% over this period, with an average well above 50%. Because these imports play an important role for the domestic production of U.S. goods, one would expect that raising tariffs on these goods would have a negative impact on domestic production.
Again, FRED sheds some light on the question: The graph below shows that imported capital goods make up a substantial fraction of aggregate

Federal Reserve Source

REAL Trends + Tom Ferry Announce 2019 America’s Best Real Estate Agents List Seventh Annual Real Estate Ranking

REAL Trends + Tom Ferry Announce 2019 America’s Best Real Estate Agents List Seventh Annual Real Estate Ranking

TAMPA, Fla. (STL.News) – Hughes Shelton Team – Mike Hughes & Jeff Shelton of Coldwell Banker were named one of America’s most productive sales associates as a part of REAL Trends + Tom Ferry America’s Best Real Estate Professionals, a ranking report produced by REAL Trends and Tom Ferry International. Hughes Shelton is now a member of the “America’s Best Real Estate Agents,” and ranked number #3 in Tampa and #43 for the state of Florida.

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Collabra Technology Launches FlashCards™ Innovative Social Media Videos for Real Estate Marketing

Collabra Technology Launches FlashCards™ Innovative Social Media Videos for Real Estate Marketing

SPOKANE, Wash. (STL.News) – Collabra Technology, the leading digital marketing platform for the real estate industry, announces the introduction of FlashCards™ instant property videos for compelling social media marketing, launched under the company’s TourFactory brand.

FlashCards automatically turn listing photos into eye-catching, looping videos optimized for the unique formats preferred by Facebook, Twitter, Instagram, WhatsApp and WeChat. The TourFactory system personalizes each video with property details, list price, agent photo and contact information.

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