U.S. Imports of Goods to Increase to $3 Trillion by 2012 Says BusinessKM Report
Summary
Press Release Pricing | News by Category | News by Country | News by US Region | Recent News | PR.com News on Your Site Press Releases BusinessKM, Inc. Press Release Receive press releases from BusinessKM, Inc.: By Email RSS Feeds: U.S. Imports of Goods to Increase to $3 Trillion by 2012 Says BusinessKM Report San Diego, CA, May 30, 2008 --( “The market for imports of goods into the United States is growing at an 8.4% compound annual growth rate” said Mike Turner, president of BusinessKM, “that’s the average over the last 10 years, and we project that growth rate to continue over the next five years.” BusinessKM believes the rate will remain the same, even if the U.S. goes into recession in 2008, according to Turner, “the rate of growth of imports has been fairly constant over the last 10 years despite the dot.com boom and the post 9/11 recession”.In addition to the mentioned sections, the report also examines the importation of: • Food and live animals, • Beverages and tobacco, • Crude materials, inedible, except fuels, • Animal and vegetable oils, fats and waxes, • Chemicals and related products, n.e.s., • Manufactured goods classified chiefly by material, • Commodities and transactions not classified elsewhere in the SITC.Computer, telecommunications equipment, entertainment electronics such as televisions and video game consoles are the bulk of the electronics imported.Mineral Fuels and Lubricants section account for another 19% with the bulk of the section being petroleum imports.Miscellaneous Manufactured Goods account for the next largest category at 15% of imports.This section also includes clothing and apparel which is also a significant portion of imported goods.In addition to the mentioned sections, the report also examines the importation of:• Food and live animals,• Beverages and tobacco,• Crude materials, inedible, except fuels,• Animal and vegetable oils, fats and waxes,• Chemicals and related products, n.e.s.,• Manufactured goods classified chiefly by material,• Commodities and transactions not classified elsewhere in the SITC.The report examines only goods, not services, imported into the United States using various government sources.For additional information please visit the website http://www.businesskm.com.### Contact Information BusinessKM, Inc. Mike Turner 858-834-4060 www.businesskm.com Click here to view the list of recent Press Releases from BusinessKM, Inc. Promote Your Business Press Release Pricing Email this page to a friend