FACTBOX-S&P 500 cos derive more of their '08 sales outside US

Tue Jul 14, 2009 2:45pm EDT
 
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 NEW YORK, July 14 (Reuters) - Data from Standard & Poor's showed on Tuesday
that S&P 500 corporations generated a greater share of their sales from outside
the United States in their fiscal 2008 year.
 S&P said U.S. companies have moved operations abroad where products can be
more cost efficient to both manufacture and sell, helped by lower costs for
labor, healthcare and pensions, and assisted at times by tax laws and product
regulations
 For companies' fiscal 2008 year, S&P 500 companies with full reporting
information posted 47.9 percent of their sales from outside of the United
States versus 45.8 percent in 2007 and 43.6 percent in 2006.
 BELOW IS A SNAPSHOT OF S&P 500 SALES BY REGION:
 (in US$ millions)
 REGION           '08 SALES    PCT/FOREIGN   '07 SALES   PCT/FOREIGN SALES
 Africa            $143,103       5.84%      $156,401      6.82%
 Asia              $323,903      13.21%      $384,466     16.76%
 Australia         $4,802         0.20%      $4,917        0.21%
 Europe            $678,897      27.69%      $660,453     28.79%
 North America     $251,047      10.24%      $204,749      8.92%
 South America     $122,088       4.98%      $85,723       3.74%
 Foreign Countries $928,211      37.85%      $797,510     34.76%
 Total             $2,452,051   100.00%      $2,294,219  100.00%
 BELOW IS A SNAPSHOT OF S&P 500 SALES BY SECTOR:
                            2008      2007      2006     2005
                                PCT OF TOTAL SALES
 Consumer Discretion.GSPD 44.05%    42.46%    38.76%   37.28%
 Consumer Staples .GSPS   46.95%    39.06%    36.57%   37.51%
 Energy .GSPE             50.47%    55.69%    56.50%   56.62%
 Financials .GSPF         34.09%    31.59%    29.93%   31.36%
 Health Care .GSPA        48.61%    44.54%    41.76%   37.54%
 Industrials .GSPI        46.14%    44.11%    41.14%   39.68%
 Information Tech .GSPT   55.27%    55.38%    53.50%   54.86%
 Materials .GSPM          49.66%    46.99%    42.22%   40.81%
 Telecoms Services .GSPL     -        -          -        -
 Utilities  .GSPU         52.18%    55.16%    63.60%   60.48%
 Total Non-U.S.             47.94%    45.84%    43.55%   43.26%
 Note: 1) Sales are on a fiscal basis, since quarterly reporting is
materially less than annual, and therefore does not match official quarterly
values; foreign sales are products and services produced and sold outside of
the United States.
 2) Telecommunications Service sector companies do not break down their
overseas sales in their regulatory filings.
 3) The data is derived from the 253 companies within the S&P 500 that have
full reporting information.
 (Reporting by Ellis Mnyandu; Editing by Leslie Adler)


 

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