Thursday, June 23, 2011

US-Produced vs. Non-US Produced Products Used Domestically

The horizontal bar graph below was created using Google’s Chart Tools.

The graph shows, for 10 products used in the United States, the percentage of the product used that was produced in the United States versus the percentage used produced outside of the United States.

For seven products, more than 50% of the product used in the United States was produced outside the United States. The data is based on production and trade statistics provided by the US Census Bureau and is for the years 2008, 2009, or 2010.

To obtain the domestic use percentage, the formula (domestic production – exports) + imports = domestic use was used for each product. Data for domestic production (e.g. value of product shipped), value of exports, and value of imports can be found at the Census Bureau website. Using this data, domestic use was calculated using the formula.

For % of product produced in US, the formula (domestic production – exports)/domestic use was used. And, for % of product non-US produced, the formula imports/domestic use was used.

Click here and here to find the data used in the formula.











US Produced vs. Non-US Produced - Domestic Use - 10 Products

No comments:

Post a Comment