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Centre Country feeling less economic pain than others in Pennsylvania

Centre Country feeling less economic pain than others in Pennsylvania

by Baidi Wang | May 22, 2020 | Employment, Featured

Pennsylvania is among the states hit hardest by the coronavirus, with 1,907,314 unemployment claims filed from March 15 to May 20. But Centre County, in the very middle of the state, is suffering less from shutdowns than the rest of the state. As a university town,...
Five Things to Watch in March’s Advance International Trade Report

Five Things to Watch in March’s Advance International Trade Report

by Baidi Wang | Apr 28, 2020 | Trade

Tomorrow the U.S. Census Bureau will release the Advance International Trade Indicator report for March with significant impact from the coronavirus. Here are five things to watch for: The trade deficit will narrow remarkably because of the coronavirus. The U.S....
Medical supply shortages reflect economic relationship between U.S., China

Medical supply shortages reflect economic relationship between U.S., China

by Baidi Wang | Apr 8, 2020 | Featured, Trade

February and March have been very unusual for Jia Yu, owner the Yu Jia Express shipping company in Flushing, Queens. Because of the coronavirus outbreak in China, many Chinese in the United States have shipped medical supplies, including surgical masks, N95 masks and...
U.S. trade deficit narrows markedly as coronavirus limits U.S. imports

U.S. trade deficit narrows markedly as coronavirus limits U.S. imports

by Baidi Wang | Mar 30, 2020 | Trade

The U.S. trade deficit continued to narrow in February with a steep fall in imports but a slight increase in exports, which is just a start showing the impact of the coronavirus pandemic. U.S. exports of goods increased by $0.7 billion over January, the U.S. Census...
U.S. trade deficit narrows, not just because of trade war uncertainty

U.S. trade deficit narrows, not just because of trade war uncertainty

by Baidi Wang | Mar 11, 2020 | Uncategorized

The U.S. trade deficit fell in January, continuing the narrowing trend caused by the trade war with China while showing the first signs of the impact of the coronavirus. The deficit declined $3.2 billion, from $68.7 billion in December, according to preliminary data...

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