Weaker U.S. Dollar May Encourage Supporting Local Businesses - 28 December, 2017 - Weaker U.S. Dollar May Encourage Supporting Local Businesses - 28 December, 2017 -

Weaker U.S. Dollar May Encourage Supporting Local Businesses – 28 December, 2017

Weakened by U.S. tax changes, the Dollar is on track for the first annual decline in five years, and analysts predict it will continue to weaken. Because of this, gas prices will be higher, travel outside of the country will cost more, and the price of imports will rise. That being said, exports from local and small businesses should increase as shipping costs will be lower to overseas consumers and more appealing to domestic buyers.

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