Tuesday, September 18, 2012

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

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http://www.npr.org/blogs/money/2012/09/17/161275166/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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