The U.S. price
index for manufactured goods fell by an estimated 7.6 percent, mostly because the lowering of Chinese import tariffs enhanced China's competitiveness.
On Tuesday, Sony Computer Entertainment Inc., a unit of Sony, slashed the U.S. price
of its PlayStation 2 to $199, while announcing a decision to market its PlayStation 2 on an open-price basis in Japan starting Thursday, a move that effectively cuts the price by 10% from the current suggested retail price of 29,800 yen.
Although there have been periods (such as the 1980s) when swings in relative prices were a more important determinant of the trade balance than relative economic growth, more recently, movements in U.S. price
competitiveness, as measured by the price adjusted exchange value of the dollar (chart 3, bottom panel), have been quite modest and the trade balance has tended to move more in line with relative rates of GDP growth.
Under the deal, Cheniere will sell 3.5 million tons annually of LNG to BG for 20 years, at a cost of 115% the U.S. price
plus $2.15 per million Btus.
24 -- 100 pounds more than the U.S. price
and 59 pounds more than the Japanese one.
With its first U.S. price
increase in eight years taking effect last August, Modelo is now relaunching the Corona Light brand with a new label after back-to-back years of better than 40% growth.
He said this new business structure has allowed the company to offer the Oracle 7 system to its clients that will improve computer system speed and reduce system costs and has resulted in a lowering of its U.S. price
list by 35 percent.
external deficits widen in 1993 will depend largely on the strength of the economic recovery in foreign industrial countries and on the effects of the recent appreciation of the weighted average value of the dollar on U.S. price
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One sector that has been a bright spot as the recovery has struggled to take hold has been exports, which have benefited from both the cumulated gains in U.S. price
competitiveness and income growth in our trading partners.
Yesterday's negative stock reaction to Tesla's U.S. price
cuts is justified, as the move should put pressure on consensus 2019 earnings and free cash flow estimates, and raises "real questions" about the elasticity of demand for the company's vehicles, Deutsche Bank analyst Emmanuel Rosner tells investors in a research note.
The fluctuations in U.S. price
competitiveness resulting from the appreciation of the dollar against the currencies of several major trading partners during 1989 and its subsequent depreciation also influenced the pattern of trade during 1990.