Strength of dollar could hurt US companies in global economy


NATIONAL PUBLIC RADIO: American manufacturers hurt in export market by strong currency.

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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.

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