“Parts of floor polishers of subheading 8479.89.20; parts of carpet sweepers”

That’s HTS code 84799041, on the Section 301 hit list released today. Mr. Trump has the thanks of a grateful Nation for stopping intellectual property theft in this important category.

The entire list is here.

There’s a 30 60 day consultation period. Since around $50 billion of goods is targeted, China will likely impose proportional measures if and when retaliation occurs.

Wisconsin CPI-deflated Wages back to January 2011 Levels

Regarding the slowdown in employment growth in February, reader Neil asks:

To what extent could the weakness in February be a payback for the outsized growth in December and January. The three month average for nonfarm growth in Wisconsin looks solid. Also, do you have any thoughts on the average hourly earnings data? Looks like Wisconsin is seeing strong growth over the last year.

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Wisconsin February Employment Wrapup: Growth at Standstill, Private NFP Still 18,800 below Gov. Walker’s 250,000 New Jobs Promise

Wisconsin nonfarm payroll employment for January revised down, flatlines for February.


Figure 1: Wisconsin nonfarm payroll employment, February release (dark bold red), January release (red), December (pink), 000’s, s.a, on log scale. Light green shaded period denotes data benchmarked to QCEW data. Source: BLS.

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