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13:29 Apr 5, 2005
English to Italian translations [PRO] Bus/Financial - Finance (general) / economy
English term or phrase:increasingly susceptible to outsourcing overseas.
Record trade deficits leave some economists worried that the dollar could collapse, sending interest rates sharply higher and the economy reeling. U.S. workers, meanwhile, worry that American jobs are increasingly susceptible to outsourcing overseas.
But for many U.S. multinationals, the global stage has rarely looked brighter. The Bureau of Economic Analysis, the government statistics mill that cranks out national output and income data, reported last week that U.S. companies raked in $315 billion of profits overseas last year. That is up 26% from a year earlier and up 78% this decade, far outpacing the growth of profits by U.S. companies at home.