Consumer Expenditures on Firms Importing from China Decomposition

Consumer Expenditures on Firms Importing from China Decomposition

Consumer Expenditure Shares

Total

Constant

Consumer Expenditure 2018 Levels

Constant

China Import Expenditure 2018 Level

Solid Green Line: Shows the real-world fraction of total consumer spending that went to companies importing from China each year. Dashed Blue Line: Keeps level of import from China after 2018 constant. It only lets consumer spending patterns shift from 2018 onward. Dashed Orange Line: Keeps consumers’ spending constant the way it was in 2018, and only adjust important habits.

Source: Data from Numerator and Panjiva, authors own calculations. Link to report.