Asias Slowdown Will Hurt U.S. Exports

Jan. 13, 2005
The current economic slowdown in Asia will have a measurable effect on U.S. exports in 1998. If the financial situation in southeast Asia does not worsen, the exports-lost-cost to the U.S. economy will be one-half of a percentage point in ...

The current economic slowdown in Asia will have a measurable effect on U.S. exports in 1998. If the financial situation in southeast Asia does not worsen, the exports-lost-cost to the U.S. economy will be one-half of a percentage point in inflation-adjusted gross domestic product, predicts Merrill Lynch. It's forecasting 2.5% real growth in 1998, compared with an impressive 3.7% this year.

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!