August’s Trade Gap was the Biggest in 14 years. That’s Probably Good News.

October 13, 2020
Eswar Prasad, SAP
The fact that imports to the U.S. are rising says a lot about how far the economy’s come since the start of the pandemic, says Eswar Prasad. “Economic recoveries are usually associated with increases in demand for goods and services produced both domestically and abroad.”