Only 3 Percent of US Personal Spending Goes to China

August 12, 2011 1:46 am

We spotted this today:

“It feels like everything we buy comes from China. In fact, less than 3 percent of personal spending in the U.S. goes to China, according to a new report from the SF Fed.

That’s partly because most personal spending goes to things like health care and housing that are, by definition, produced in the U.S.”

Statistics Source: NPR

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