The largest companies in the US are growing faster abroad than at home
Posted: Thu Jun 16, 2011 12:45 am
This may not be surprising to anyone, but many US companies in the S&P 500 and the Dow are growing at a faster pace abroad than in the US. This may explain why American companies are raking in large profits while the job market and the economy remains sluggish in the US:
http://washingtonpost.com/the-trials-of ... story.html
http://washingtonpost.com/the-trials-of ... story.html