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Not as much 'Made in China' as you might think,[link widoczny dla zalogowanych]
economy actually remains relatively closed,[link widoczny dla zalogowanych]," wrote economist Galina Hale and researcher Bart Hobijn, within the report. "The vast majority of products and services sold in the United States is produced here."
The largest share of merchandise bought here but produced in China is in the durable goods category,[link widoczny dla zalogowanych], which includes cars,[link widoczny dla zalogowanych], furniture and household equipment. About 12% of goods purchased in that category come in China. companies make money using shipping them here and selling them in stores. companies,[link widoczny dla zalogowanych], they say,[link widoczny dla zalogowanych], a fraction that higher for Chinese goods.
"On average,[link widoczny dla zalogowanych], of every dollar spend on an item labeled in China,[link widoczny dla zalogowanych], 55 cents goes for services produced in the United States," the report says.
They are important numbers to notice as China inflation rate grows,[link widoczny dla zalogowanych], and products or services produced there have more expensive. China inflation rate this season is close to 5%. Those inflation numbers won be as crippling towards the economy as you might assume.
"It is unlikely that recent increases in labor costs and inflation in China will generate broad-based inflationary pressure in the usa,[link widoczny dla zalogowanych]," researchers say.
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