Combining sales of manufactured goods, farm products, services, and natural resources, the United States tops Germany and China by about $200 billion as the world’s top exporter, and leads in agricultural goods, services, software, education, military technology, airplanes, chemicals, medicine and more. Though only third as a manufacturing exporter (at $800 billion, behind China and Germany), the U.S. exports as much services as second- and third-place UK and Germany combined. Likewise American farm exports, at $120 billion, are as much as the next two countries together.
THE NUMBERS: U.S. Customs Seizures of counterfeit goods “threatening to health and safety” – FY2008: $62 million FY2009: $32 million WHAT THEY MEAN: The Customs and Border Protection service last year seized 14,841 shipments of counterfeit goods: brand-name running shoes that come apart on sharp corners, sunglasses fully permeable to ultraviolet, perfume cut with pond-water [...]
THE NUMBERS: Per capita income in Haiti – 2005: $420 2008: $620 WHAT THEY MEAN: By 2004, 17 years after the flight of Jean-Claude “Baby Doc” Duvalier, Haiti had no army, police force, bus service, fire departments or public school system. The two main export- industries — garments and baseballs — had both collapsed, with [...]
THE NUMBERS: Annualized American household savings rates – 1st Quarter 2008: $127 billion 2nd Quarter 2009: $533 billion WHAT THEY MEAN: To see the coming challenge to American economic policy, think of some letters. The Commerce Department’s Bureau of Economic Analysis defines GDP as the combination of “Personal consumption expenditures, private investment, government spending (consumption [...]
THE NUMBERS: Violent deaths worldwide, 2004: Total: 740,000 Homicide: 490,000 Indirect consequence of war: 200,000 In war: 50,000 WHAT THEY MEAN: Some good news for Washingtonians this year: the Metropolitan Police Department reports a sharp drop in murders. The 66 killings in the first six months of 2009 is the lowest murder rate recorded since [...]
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