We are Pricing Ourselves Out of Our Share of the Export Market.

EXPORTS; INTERNATIONAL trade; BALANCE of trade; LABOR costs; TAXATION; INDUSTRIAL costs; PRICING

The article focuses on the decline in exports of the U.S. It has dropped from a dollar value of $1,285,000,000 in December 1948 to $761,000,000 for August 1950 or a decline of about 40%. It is also the first unfavorable trade balance for years. According to manufacturers, high labor costs, taxes and material prices prevent their lowering of prices. Foreigners say they cannot afford the prices.