Thursday, October 13, 2011
August trade figures released today show that exports continue to grow at strong double-digit rates. More and more of our output is being exported; exports now account for about 14% of U.S. GDP, up from less than 10% at the end of 2001, and less than 4% in the early 1970s. This can only be a healthy development.
Posted by Scott Grannis at 10:07 AM