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Jason Furman highlights that the United States is experiencing an extraordinary record year for exports, specifically in nonmonetary gold.
He points to a notable increase in the volume of gold exports coming from the U.S.
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Furman has previously reported on shifting U.S. trade flows, highlighting that China’s share of U.S. goods imports has fallen below pre-PNTR levels. He has also noted that Amazon, Alphabet, Meta, Microsoft, and Oracle accounted for 37 percent of global capex among leading U.S.-listed nonfinancial companies in 2025. These observations add context to the recent increase in U.S. nonmonetary gold exports.