Exports Were Sizzling
What with the election last year you would have thought this would have been big news? Someone wake up Byron Dorgan and let him know.
The Kiplinger Letter: (It’s a paid subscription site)
U.S. export growth will lose some sizzle this year, cooling to 8% from last year’s hot 13%. This will mainly reflect slightly less demand
in leading export markets...Canada, Mexico, the euro zone, the U.K., China, Japan and South Korea...as their economies all slow down a bit.But the cheaper dollar will keep many U.S. products competitive in global markets...capital goods such as information tech, software, biotech goods and civilian aircraft. Roaring world commodities markets will continue to fuel demand for U.S. energy services, mining equipment and farm equipment, particularly in South America. The gusher of dollars flowing to Middle Eastern oil exporters is also likely to be recycled into orders for American consumer and industrial products and services.
RebTex
Puzzlefeet
Sparkie Arbuckle
Hairy Polemic
Hoss
The Whistler
Rob
goon
