Open AccessThe Dollar and U.S. Manufacturing
Author(s) -
Linda S. Goldberg,
Keith Crockett
Publication year - 1998
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.997032
Subject(s) - liberian dollar , business , economics , finance
U.S. manufacturing industries are becoming increasingly sensitive to changes in the international value of the dollar. A look at recent studies of exchange rate effects on industry performance suggests that the 1997-98 rise in the dollar may significantly reduce U.S. producers' profits and compel firms to scale back their investment in new plants and equipment.
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