Further to my earlier Richard Russell global economic boom post, some great data in a new Bloomberg piece on the changing reliance of U.S. public companies on overseas sales.
Companies in the Standard & Poor’s 500 Index get 49 percent
of their sales from outside the U.S., up from 30 percent in 2001,
according to S&P, whose index includes the biggest corporations
Non-U.S. sales accounted for 48.6 percent of total revenue
for S&P 500 companies last year, based on estimates compiled by
S&P, the New York-based unit of McGraw-Hill Cos. That’s the
highest since comparable figures became available in 1999, said
Howard Silverblatt, S&P’s New York-based senior index analyst.
Much more here.