Only 3 Percent of US Personal Spending Goes to ChinaAugust 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