On U.S. exports.

• Author: Rees, Matthew
• Position: Just the Facts: TIE's Executive News Service: Trade

"Thanks to the weakening dollar, American goods of all types are essentially on sale. The result: last year exports from the United States rose 12.2 percent, to $1.62 trillion. And while they accounted for about 9.1 percent of total economic output in 2002, exports last year were 11.7 percent of gross domestic product--'probably an all-time record,' says Edward Gresser, director of the Trade and Global Markets Project at the Progressive...