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HSBC TCI: USA trade confidence low
13 October 2011
HSBC Trade Confidence Index (TCI) finds shorter-term US trader confidence at record low for survey; 49% see some increase in trade volume in next six months.
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HSBC trade confidence index
US HSBC
US China trade
US Exports
US trade is expected to rise to $4.4 trillion, up 62.3%, in the next 15 years as long-term commodity demand continues and highly competitive "Made in America" goods such as medical equipment, biopharmaceuticals and high-end manufactured products increasingly find their way into emerging economies, according to HSBC Trade Connections, a new quarterly global trade forecast released today by the leading bank for international business.
The inaugural HSBC Trade Connections forecast also finds that overall global trade is projected to grow by $1 trillion year-on-year to 2015 despite the current global economic uncertainty. The US’s share of world trade will fall to 9% from 11.3% (2010) by 2025 even...
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