On July4, 2012, the Census Bureau tells us that many of the 313.9 million people living in the United States of America will celebrate the signing of the Declaration of Independence on July 4, 1776 by setting off fireworks, downing tons of barbeque and waving millions of U.S. flags, most of which were made in China.
Of the $3.6 million worth of American flags imported into the U.S. in 2011, $3.3 million worth were made in China, according to the Census Bureau.
In comparison, U.S. manufactures exported only $663,071 worth of U.S. flags to other nations. Mexico was the leading customer, purchasing $80,349 worth.
On July 4, 1776, the 2.5 million people living in the 13 American colonies celebrated as delegates of the Continental Congress signed our new nation's Declaration of Independence from England.
Also See:
US Trade Deficit Hits $48.2 Billion
US Citizenship Test
Obama Allows Young Illegal Immigrants to Stay
Want more? NEWSLETTER | FACEBOOK | TWITTER
Comments