Thursday, July 17, 2008

U.S. Companies Eye Growth Overseas as Economic Uncertainty Lingers at Home

HSBC reports findings of inaugural survey of under-researched market segment, representing nearly $6 trillion in sales and employing 32 million -- Two-thirds (67%) of senior executives say sales abroad to grow faster than U.S. -- Nearly half (49%) intend to raise international sales targets

July 16 - MarketWatch - HSBC Bank USA, N.A. announced today the result of an inaugural survey of U.S. middle-market companies, a vital yet under-researched segment of the U.S. economy. The HSBC poll which, queried 500 senior financial executives from companies with annual sales between $20 million and $5 billion, focused on the opportunities and challenges they face when expanding into markets overseas. Read More.

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