In fact, a related HSBC report issued last month showed how some U.S. companies have benefitted from global expansion and export trends. The report, “Spotlight on U.S. Trade,” the first in a series of reports analyzing publicly-traded companies in key regions around the U.S., showed that global businesses based in Upstate New York achieved almost three times the growth rates and earned over 10 per cent more in revenue than their domestic peers in the region between 2007-2011. The report included global expansion stories from companies such as Columbus McKinnon, Constellation Brands, Ecology and Environment, Inc., and Moog.Regarding overall export growth for the U.S., the report anticipates growth to slow to 2.2 percent in 2013 before increasing moderately to 3.9 percent in 2014. Similarly, U.S. imports will slow to 1.3 percent in 2013 before increasing somewhat to 2.7 percent in 2014.
Industrial Machinery Will Be Top Growth Area For U.S. Exports And Imports, HSBC Trade Report Shows
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