The United States has a very real interest in stemming the tide of global economic turmoil. The international community must have the resources that it needs to deal with this crisis that has spread to so many emerging economies and threatens the economic well being of the American people. The report analyzes the importance of individual state's exports to foreign markets. In addition, the report examines specific industries within each state with a significant stake in the health of the global economy. Forty percent of all of U.S. agricultural exports go to Asia, more than to any other region.
More American exports mean higher paying American jobs.
An important danger of the financial crisis is the contagion effect. Russia's economic difficulties and the recent market pressures in Latin America are in part due to contagion. The further deterioration of those economies and others in Asia could have an even more significant impact on the U.S. economy.