Their stupid Faces yet again.
Facts Matter Mr KangaNong
Quote:Imports
Prices for U.S. imports fell 0.5 percent in August following a 0.1-percent increase in July and a 1.1-percent decline in June.
With the exception of the August and June decreases, U.S. import prices advanced in each
month of 2019.
Despite the increases, the price index for U.S. imports declined 2.0 percent from August 2018 to August 2019. (See table 1.)
Fuel Imports: Import fuel prices decreased 4.3 percent in August, after rising 0.7 percent the previous month. Prices for import fuel fell 11.1 percent over the past 3 months. In August, lower petroleum prices more than offset higher prices for natural gas. The price index for import petroleum declined 4.8 percent, after increasing 0.9 percent the previous month. Fuel prices decreased 8.7 percent over the past 12 months; prices for import petroleum fell 9.6 percent over the same period. The price index for natural gas imports
rose 16.0 percent in August, after declines in each of the previous 4 months. Despite the August increase, natural gas prices fell 6.1 percent over the past year.
All Imports Excluding Fuel: Prices for nonfuel imports were unchanged for the second consecutive month in August following 0.3-percent decreases in both June and May. In August, lower prices for foods, feeds, and beverages and nonfuel industrial supplies and materials were offset by price increases for automotive vehicles and consumer goods. Prices for nonfuel imports declined 1.0 percent over the past 12 months, led
by price decreases for industrial supplies and materials and capital goods.
Nonfuel Industrial Supplies and Materials: The price index for nonfuel industrial supplies and materials fell 0.3 percent in August, after ticking up 0.1 percent in July. The August drop was driven by decreases in prices for chemicals, textiles, and lumber, which more than offset higher unfinished metals prices.
Finished Goods: Finished goods prices were mostly up in August. Consumer goods prices ticked up 0.1
percent following a 0.2-percent advance in July. Prices for automotive vehicles ticked up 0.1 percent
following a 0.2-percent drop the previous month. The price index for capital goods was unchanged for the second consecutive month in August. Lower computer accessories, peripherals, and semiconductors prices offset higher prices for telecommunications equipment.
Foods, Feeds, and Beverages: Import foods, feeds, and beverages prices fell 0.3 percent in August, after a 0.5-percent drop in July. The August decrease was driven by a 9.4-percent decline in fruit prices.
https://www.bls.gov/news.release/ximpim.nr0.htmTrump Hitting more home runs.
And 1.2 Million People have moved up to Middle Class due to Wage Increase.
Over 6 Million off food stamps
Record Low Unemployment
Millions of jobs added
Where’s this recession the Liberal Lunatics predicted?
Where are these struggling families that Liberal Lunatics predicted due to Massive increases in import costs due to Trumps Tariffs?
Sorry boys - I know that you pray easy day for the US economy to crash to make Trump look bad but it looks like it won’t happen any time soon