NATIONAL PUBLIC RADIO: American manufacturers hurt in export market by strong currency.
NATIONAL PUBLIC RADIO: American manufacturers hurt in export market by strong currency.
It’s not just U.S. manufacturers who worry about the rising dollar. The U.S. tourist industry also could take a hit if Germans, Brits and others can no longer afford to visit Florida this winter.
“A strong dollar is a double-edged sword that could hurt a lot of U.S. companies,” said Lindsey Piegza, chief economist for Sterne Agee.
Read more here.