Sellin’ Outside the USA

S&P 500 sales did quite well in Q4 — up 7.7% and ahead of estimates by a country mile. But, from what I see most growth in sales is coming from outside the USA! Here, revenues are growing at barely a 3% annual rate. The pace is around 20% for foreign-derived sources. The question is what happens to these sales if foreign markets slow and more importantly what does this mean for all important job growth here at home?

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