USA Economy and the Future

With the health of the immediate economy tied to a government bailout package and some people planning the obituary of the USA industries, it is probably time to look at what the true picture is.

The statistics show with just 5% of the global population, the USA accounts for 30% of global domestic product and produces more output in a single year than the next four economies viz. Japan, Germany UK and China. In fact America's economy is more than four times the size of China's.

The USA is still a manufacturing powerhouse and the 2006 global manufacturing output data has hardly changed from the 22% in 1990. China ranked a distant second at 13%.

As for marketing, the USA has more than half of the worlds top 100 brands and of the top 10, eight were American.

At the same time the USA remains the most innovative economy in the world.

This is a good time to talk about our PPi Technologies Global packaging machinery and BPG-ShotPak® product lines.

Our proven pouch machinery allows many of the top food and beverage companies to get their products to the consumers at best price and quality. Similarly the ShotPak® ready-to-drink product pouches are modern and often feared by our competitors.

ShotPak® has grown about 30% in 2008 and is sold in only 5 states.

In 2009, we hope to have ShotPak® distributed in a dozen states with all the benefits of the larger market place.

Amazingly all this growth with no print advertising, only articles through the internet and appearances at public venues like golf courses and rock-n-roll dance clubs has spread the word. An incredible story that demonstrates our American innovative capabilities in production and marketing of a new regulated consumer liquor product.

So based on the above comments our view is all is not lost and the USA remains the most competitive and resilient economy in the world and we are happy to be part of the recovery. A strong 2009 to all of you.