Cars, Meds, Oil, & Tech: America’s Main Imports
Economic history has shown that, as an economy develops, so does its service sector. This is certainly true for the United States, one of the most highly developed countries in the world and certainly a service economy.
As Statista’s Felix Richter details below, according to the U.S. Bureau of Labor Statistics, service-providing jobs account for more than 70 percent of nonfarm payrolls in the country, while goods-producing jobs account for less than 15 percent of jobs. In the 1940s, both sectors were tied at little above 40 percent, with government jobs accounting for the remainder of jobs.
There are two main reasons for this shift: productivity gains and globalization. As capital and goods began flowing freely across borders, it became cheaper to produce goods in parts of the world with lower labor costs and import them. This is how the United States gradually moved away from producing goods and how China became the world’s manufacturing hub, making anything from smartphones to television sets.
Last year, the United States imported around $3.1 trillion worth of goods, with Mexico, China and Canada accounting for more than 40 percent of that total. Among the top imported goods are cars, pharmaceuticals and all kinds of technology, be it smartphones, computers or semiconductors.
You will find more infographics at Statista
Experts have warned that all of these products would likely become significantly more expensive if president-elect Donald Trump went through with his proposed tariff plans.
Tyler Durden Sun, 11/17/2024 – 16:55
Source: https://freedombunker.com/2024/11/17/cars-meds-oil-tech-americas-main-imports/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,655,495,160 |
| Stories: | 8,290,226 |
Whistler Blowers, Insiders
