Comment on China’s exports grow 5.9% in November, while U.S. shipments drop 29%
Artisian@lemmy.world 5 days ago
I read the title as saying that US exports fell. Afaict that’s not what is meant, as the post body clarifies. US imported much less from China. US export data seems to be on a slower release schedule, but have been pretty similar to previous years.
SaveTheTuaHawk@lemmy.ca 5 days ago
because retailers know 2025 will be the poorest Christmas in decades, if ever.
Artisian@lemmy.world 5 days ago
You’re saying that US retailers imported less from Chinese manufacturers because they predict lower sales?
I think we have black Friday sales figures to estimate this off of. While I would have predicted you are correct, I don’t think the data agree. It’s not great, but my impression was that we’re currently better off than the great recession. Do let me know if there’s good data indicating otherwise.