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1:01PM

Chart of the day: US economic interdependence with globalization

From the Financial Times and very interesting.

Key fact:  goods and services trade only 1/5th of US economy in 1980.  Now it's one-third.

 


Other key data:

 

  • US outward FDI stock 13% of GDP in 1990 and 33% now.
  • Inward is 9% in 1990 and 24% now.
  • So combined = 22% of GDP in 1990 and 57% now.

 

We also have the highest percentage of foreign born citizens since 1920.

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