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Subject: SLS

S&P 500 Foreign Sales for 2017 Total 43.6%


NEW YORK, Aug. 16, 2018 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") today announced that, for the first time in three years, S&P 500® companies with full reporting information for 2017 posted an increase in sales from outside the United States. 

According to S&P DJI's annual S&P 500 Foreign Sales Report, foreign sales totaled 43.6% for 2017, up from 43.2% for 2016. The total for 2017 still trails 44.3% for 2015 and 47.8% for 2014, which is the record since S&P DJI's first foreign sales report from 2003.

Additional findings from the report include:

Geographic Breakdown

GICS® Sector Analysis

Corporate Payments

Quality of Reporting

"S&P 500 issues' ability to grow earnings led to the increase in income tax payments to governments locally and abroad," said Howard Silverblatt, Senior Index Analyst at S&P Dow Jones Indices and author of the report. "The total does not account for any repatriation during 2018. The tax issues and payments for 2018 may be tied to new developments on trade and may cause 2018 payments to diverge from recent patterns. The year-to-date higher dollar could have an effect, but to some degree, this is an ongoing event for the market."

"Both Asian and European sales continue to increase in absolute dollars. Both partners are inherently part of U.S. sales, with Asia being a large supplier to the U.S."

For the full report and more information about S&P Dow Jones Indices, please visit www.spdji.com.

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

SOURCE S&P Dow Jones Indices


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