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-March 13, 2008 |
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The
Numbers Worth Knowing this Week in Supply
Chain and Logistics |
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This Week: Low Cost of Rail pounds a Spike in Trucking Glut; Less Variety in "What's for Dinner?"; The Fickle Finger of Low-Cost Sourcing Points Away From China; US Exports on the Rise
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54%
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The percent of Western companies in a new study by consulting firm Booz Allen Hamilton and the American Chamber of Commerce Shanghai that said they believed China was losing its competitive advantage as a low-cost country sourcing location, due to labor cost increases and currency changes.
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7.7%
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The rise in US exports in 2007, driven by the fall in the value of the US dollar, according to recently released government figures. This compares with just a 1.4% rise in imports last year. For the first time in a dozen years, trade (net exports) added to GDP growth in 2007, as exports added more than imports and took aay from GDP growth.
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