05052016Thu
Last updateWed, 04 May 2016 7pm

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Manufacturing & The Economy

Exporting Becoming Bigger Part of U.S. Business Strategy

More small to mid-sized U.S. companies are making the exportation of goods a part of their growth strategy, reports CNBC. With the recovery not yet fully realized in the United States, smaller companies are looking to ship their goods to markets overseas—something large companies have been doing for many years. The CNBC article notes the costs between U.S. and Chinese goods before transportation has narrowed to 5 points, down from 14 points a decade ago. The article profiles several manufacturers that have seen their companies grow by exporting their goods to foreign markets.

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