Saturday, May 07, 2005

Invasive Foreign Plant Life In America

FINANCIAL NEWS

peony

When looking for import/export numbers, one has to fine tune them with other information. Such as, are the factories importing/exporting stuff owned by natives or are foreign entities? Are the numbers really intra-factory parts moving across borders as they are assembled in several different countries? How many are "value added"? Are the plants producing things merely assembling things made elsewhere? This last one is quite critical. When factories use native sources for raw materials this concentrates money and activity within a country's borders. When it is merely putting together premade parts then this keeps production minimalized and it has very little dynamic benefit to a country even if it does benefit a local region.

I know virtually no American company is expanding here in this country. So I decided to look into who was building factories and the information is quite distressing.

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