Standard & Poor's reported the percentage of 2007 sales for S&P 500 companies that come from foreign countries has increased since 2006 to 45.8% versus 43.6%, respectively. S&P included data from 251 companies that have full reporting information.
(click on chart for larger image)
The report notes some country breakdowns:
- European sales represented 28.8% of their foreign sales, with 4.6% coming from the United Kingdom
- Asian sales represented 16.8%
- Africa sales represented 6.8%
- South America represented 3.7%
One issue worth watching is the impact a stronger dollar would have on U.S. multinational firms' earnings.
Source:
S&P: Foreign Sales by U.S. Companies Continue to Rise (PDF)
Standard & Poor's
By: Howard Silverblatt and Dave Guarino
July 30, 2008
http://www2.standardandpoors.com/portal/site/sp/en/us/page.article/2,3,2,2,1204838219808.html
2 comments :
It looks like the S&P has done a better job going international than my portfolio.
Great read!
Best Wishes,
D4L
A strong dollar will be a head wind though.
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