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U.S. businesses buoyed by overseas markets

Clipped to the Drawing Board by John William  

SALISBURY, North Carolina: If the fortunes of Power Curbers were tied solely to business in the United States, these would be grim days at its factory on the fringes of this North Carolina hill town. This small, family-owned company engineers and makes machines that turn cement into curbs, and with the U.S. construction industry in distress, domestic sales are expected to drop at least 10 percent this year.

But fortunately for Power Curbers, and indeed for the U.S. economy, the company has transcended geography. Aided by the falling dollar, which makes American goods cheaper on world markets, Power Curbers, like thousands of other businesses in the United States, is tapping rapid growth abroad to compensate for sluggish sales at home.

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Powered by JoomlaCommentCopyright (C) 2006 Frantisek Hliva. All rights reserved.Homepage: http://cavo.co.nr/

Thursday 22 November, 2007 10:07 AM
 
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