While fears of “outsourcing” continue to make headlines, the facts show there is no “giant sucking sound” resulting from dollars fleeing the United States to be invested in other countries. Outsourcing occurs when companies close facilities in the United States and invest in new operations in other countries. Some people …
The U.S. Bureau of Economic Analysis today announced that U.S. exports for January were $4.4 billion higher than in December. This is good news for U.S. exporters. The bureau also reported that Americans imported $10.5 billion more in January than in December. This is good news, too. As President Obama’s …
