The US has reportedly decided to approve exports of NVIDIA’s H200 chip to China. This gives Chinese AI labs chips that outperform anything China can make until ~2028. How big a deal this is depends on how many we export. Thread with key charts from our new report...

The US is losing blue-collar jobs for the first time since the pandemic—year-on-year job losses have hit 59k as manufacturing industries lose jobs at a rapid pace while growth in construction & transportation has nearly zeroed out