Tuesday, September 18, 2012

The U.S. Is Selling More Stuff Than Ever To The Rest Of The World



“The economy is not doing well. Unemployment is high, homes are worth what they were in 2003, and growth is weak.

But one sector is doing great: exports. They've been growing about four times as fast as the overall economy since the beginning of 2010.

This is part of a longer-term trend. Despite the myth that the U.S. doesn't make anything anymore, U.S. exports have actually been contributing a larger and larger share of the U.S. economy since the 1970s.”

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