Journal Article

The shifting composition of U.S. manufactured goods trade

Abstract: Finished goods are claiming an increasing share of U.S. imports, while their share of U.S. exports has remained virtually unchanged in recent years. These divergent developments may suggest some erosion of the United States' traditionally strong competitive position in the production of finished goods. The author examines the factors underlying shifts in our trade composition and the implications of recent trends for the nation's trade outlook and competitiveness.

Keywords: International trade; Manufactures; Capital investments;

Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Quarterly Review

Publication Date: 1991

Volume: 16

Issue: Spr

Pages: 27-37