(Yes, I know, just anecdotal.)
Honeywell Wins $23 Billion Jet Award, Its Biggest, From Embraer
by Courtney Dentch
(Bloomberg) Honeywell International Inc. won its biggest business jet engine order, beating two rivals for a $23 billion contract from Empresa Brasileira de Aeronautica SA.
Honeywell will build engines for two new Embraer planes over the next decade, the companies said after the close of U.S. stock markets yesterday. The contract is the Brazilian company’s first engine order with Morris Township, New Jersey-based Honeywell and includes repair parts and services.
Ok, but isn’t the increase in export demand being offset by the high input costs?
some, but not the labor content or the other domestic content/resources added.
And even with higher crude prices the total trade gap has been going down.