Showing posts with label Trade. Show all posts
Showing posts with label Trade. Show all posts

Sunday, September 14, 2008

Exports Prop Up Local Economies

Exports Prop Up Local Economies
WSJ, 11-Sep-08
By TIMOTHY AEPPEL

Much of the world may be struggling with the economic downturn, but life has been getting better in Columbus, Ind., Kingsport, Tenn., and Waterloo, Iowa.

These out-of-the-way places have become trade hot spots as U.S. exports, fueled by the dollar's fall, continue to provide a rare spark in an otherwise gloomy economy.

While many economists expect a recent snapback in the value of the dollar and a spreading global slowdown to soften that growth, exports have become a key to greater local prosperity more than at any time in decades.(more...)

Click Here for Interactive Maps