FTZs Help U.S. Companies Save Millions During Tough Economic Times | Utah Pulse »

Posted By UtahPulse 7 months, 2 weeks ago in Business & Finance

While no one likes difficult and tough economic down cycles, periods like the one we're in now serve the useful purpose of helping companies increase their focus on business process improvement--for example, by exposing inadequate global trade processes in order to improve them. Global trade, despite the current downturn, is in a long-term growth cycle. Combined U.S. imports and exports increased from under $100 billion in 1968 to nearly $3.5 trillion dollars in 2008--with almost half that total growth occurring in the last decade.

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