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Exports rebound 7.4 percent in Vermont
- Article from:
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Vermont Business Magazine
- Article date:
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June 1, 2008
- Author:
- Simos, Evangelos Otto
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Copyright informationCopyright Boutin-McQuiston, Inc. Jun 2008. Provided by ProQuest LLC. (Hide copyright information)
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The latest monthly numbers on international trade show that foreign sales from Vermont's companies rose confirming that foreign demand stays on track to its current brisk trend.
Like here at home, consumers abroad - in countries doing business with Vermont's exporters - are feeling the pain of higher energy and food prices and have slowed down their purchases of other goods. As a result, the changing spending patterns of foreigners are expected to have an adverse impact on their purchases of most of the goods they buy from Vermont.
The globalization of markets links the surge in oil prices with Vermont's exporters, which influences local production, profits and jobs; and thus statewide ...