{"id":4146,"date":"2007-12-09T14:11:00","date_gmt":"2007-12-09T14:11:00","guid":{"rendered":"http:\/\/brianjnoggle.com\/blog\/?p=4146"},"modified":"2017-11-24T07:40:44","modified_gmt":"2017-11-24T13:40:44","slug":"weaker-dollar-hurts-manufacturers","status":"publish","type":"post","link":"https:\/\/brianjnoggle.com\/blog\/2007\/12\/09\/weaker-dollar-hurts-manufacturers\/","title":{"rendered":"Weaker Dollar Hurts Manufacturers"},"content":{"rendered":"<p>Foreign manufacturers, that is:<\/p>\n<blockquote><p>Missouri exports hit $12.8 billion last year, up 22 percent from 2005, and experts predict this year&#8217;s export sales will be even higher. Illinois exports totaled $42.1 billion in 2006, up 17 percent from the year before. Canada, Mexico, Japan, the United Kingdom and China are the top export countries for both states.<\/p><\/blockquote>\n<p>Oddly enough, the story&#8217;s headline, <a href=\"http:\/\/www.stltoday.com\/stltoday\/business\/stories.nsf\/story\/AA2147D21BBC792E862573AB0008ACB5?OpenDocument\" target=\"_new\">Local companies moving deeper into exporting<\/a>, doesn&#8217;t mention the effect the lower exchange rates have.  The story itself does mention it, though:<\/p>\n<blockquote><p>LaBounty and others attributed the recent growth in local exporting in part to the weak dollar, which has fallen more than 10 percent against a basket of currencies in November compared to the same time in 2006. What that means: The cost of U.S. goods is cheaper for companies and consumers abroad. <\/p><\/blockquote>\n<p>Still, one can see that this is a &#8220;good&#8221; economy story instead of a &#8220;bad&#8221; one, which no doubt would have mentioned the lower dollar in the headline.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign manufacturers, that is: Missouri exports hit $12.8 billion last year, up 22 percent from 2005, and experts predict this year&#8217;s export sales will be even higher. Illinois exports totaled $42.1 billion in 2006, up 17 percent from the year before. Canada, Mexico, Japan, the United Kingdom and China are the top export countries for [&hellip;]<\/p>\n","protected":false},"author":3334,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-4146","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts\/4146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/users\/3334"}],"replies":[{"embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/comments?post=4146"}],"version-history":[{"count":1,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts\/4146\/revisions"}],"predecessor-version":[{"id":17716,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/posts\/4146\/revisions\/17716"}],"wp:attachment":[{"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/media?parent=4146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/categories?post=4146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brianjnoggle.com\/blog\/wp-json\/wp\/v2\/tags?post=4146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}