The impact of exporting on the stability of U.S. manufacturing industries / by David Riker and Brandon Thurner (Office of Competition and Economic Analysis).
Imprint
[Washington, D.C.] : U.S. Dept. of Commerce, International Trade Administration, [2011]
Title from PDF title screen (trade.gov, viewed July 11, 2011).
"March 2011."
Bibliography
Includes bibliographical references (page 9) and technical appendix.
Contents
Introduction -- Company case study : The Xerox Corporation -- Company case study : the Dow Chemical Company -- Analysis of 85 manufacturing industries in the U. S. manufacturing sector -- Conclusions -- Technical appendix.
Summary
"Exporting provides opportunities to expand the sales of U.S. manufacturing industries, resulting in potentially greater revenues for U.S. companies and higher employment for U.S. workers. However, many investors and workers are legitimately concerned about risk and expected return. Do the added risks and unpredictability associated with exporting outweigh the increase in expected revenues? This paper investigates the link between exporting and the economic stability of the U.S. manufacturing sector. It does so in two ways. First, by analyzing the 2000-2009 revenues reported in the public financial statements of two U.S. companies with substantial non-U.S. sales. Second, by analyzing the industry-level shipments data for the U.S. manufacturing sector as reported in the Census Bureau's Annual Survey of Manufactures and the Economic Censuses for 2000 through 2008."--Publisher's website.
