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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Donald Wennerstrom who wrote (53237)8/14/2011 2:41:57 PM
From: Gottfried  Respond to of 95610
 
Don, from the article >But even merchandise made in China can contribute to the U.S. economy. Consider a pair of Chinese-made sneakers that retails in the U.S. for $70. Most of what a consumer pays goes to cover trucking costs, rent for the store where the shoes are sold, profits for shareholders of the U.S. retailer, as well as the cost of marketing the brand. Included in these costs are the salaries, wages and benefits paid to the U.S. workers who staff these operations.

"On average, of every dollar spent on an item labeled 'Made in China,' 55 cents goes for services produced in the United States," the report said.
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also read Kirk's comment >Key is SPENDING<

We're spending less on goods and more on services