Flagging Sales Abroad
Based on data from S&P 500 companies that break out foreign sales, 45.8% of their 2007 revenues were produced and sold internationally, up from 43.6% in 2006. These figures exclude exports and are based on the 251 S&P 500 constituents that reported full foreign sales, where the percentage of foreign sales represented between 15% and 85% of the total. S&P Index Services, which operates independently of S&P Equity Research, compiled this data and believes this is currently the best approximation for calculating aggregates.
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