Do you have Moxie? Maine’s beloved soda in short supply; US trade deficit in 2021 hits record $859 billion
Depending on who you ask, Maine is in the midst of a curse or a blessing: a Moxie shortage.
Moxie, a polarizing drink that is the state’s official soft drink, is in short supply due to supply chain issues. The soda is loved by thousands of Mainers and the subject of a summer festival, but it also has detractors who say it tastes like medicine, or worse.
Coca-Cola Beverages Northeast, the local bottler of Moxie, told WGME-TV that supply chain issues delayed its delivery of Moxie concentrate for months. The bottler said it was looking forward to “being able to stock the shelves with Moxie as soon as possible”.
Moxie was born in the 19th century, when it was indeed sold as a kind of medicine, filled with dubious claims about health benefits. The soda is available elsewhere in New England but is particularly ingrained in Maine culture.
US trade deficit in 2021 hits record $859 billion
The US trade deficit hit a record $859.1 billion last year as Americans splurged on foreign-made electronics, toys and clothing during the surprisingly robust economic recovery after a short but unpleasant pandemic fueled recession of 2020.
The trade gap – the difference between what the United States sells and what it buys abroad – jumped 27% last year, from $676.7 billion in 2020. US exports rose 18% to more than $2.5 trillion. But imports rose further, climbing 21% to nearly $3.4 trillion.
Imported goods, such as cell phones, garden equipment or furniture, soared 21% last year to $2.9 trillion. Goods imported from China rose 16% to $506.4 billion last year, and the goods trade deficit with the Chinese rose nearly 15% to $355.3 billion.