Joining The U.S. Export Parade
Although America's spectacular export recovery in the past decade has bolstered economic growth, the Mid-atlantic states--particularly New York--have lagged behind, whereas the Midwest has come on strong (chart). Many observers assume that New York's export mix and high labor costs have held it back, and that the Midwest has benefited from the dollar's sharp depreciation since the mid-1980s.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Turns Out It Will Be Congress’s Fault When Stocks Crash
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Facebook and Google Helped Anti-Refugee Campaign in Swing States
- Ford to Take $267 Million Hit From Recall of F-Series Trucks