From U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
First off Exports in Recorded media fell by -397 percent (HOW IS THAT POSSIBLE) How many US recording stars release records last year. More than a handful and one of them is on track to be the best selling record musicbiz has seen in years? The fact of the matter is that the US is not exporting #USMADEMUSIC and if wasn't on the strength of the very same companies film's being exported we'd be in the toilet. However the since the Majors don't export it's music and have haliburtizoned the US Music Business. How else can the USA have the biggest recording stars in the world and our exports fall by -397 precent.
Meanwhile by not supporting local music or at the least #USMADEMUSIC being exporting by Majors, we're entertaining our economy to death. Which is made from this point in the press release.
Year-to-date, the goods and services deficit increased $22.3
billion, or 5.1 percent, from the same period in 2013. Exports
increased $60.0 billion or 2.9 percent. Imports increased
$82.4 billion or 3.3 percent.
Many of the popular artists and band here in the USA are foreign and their CD's which we still buy (Last year 2014 CD's where over 52 percent of the format music was sold in.. MusicCapitalist.com and MEANWHILE our popuplar artists arent exported. There is no other way the recorded media category to be this unbalanced.
Clearly no one in Washington Cares about USMADEMUSIC. Or the M.U.S.I.C Act would have been on the agenda.
So our last hope is the Mayors of US Music Cities and that is why CityMusicDeal.com choose to start the process of showing them how it can be changed and it starts with their local music and our campaign to Buy Inide Support Locals this music is coming from cities and the moment one of their localmusicans makes it big the town and the US start to lose.
Please visit http://www.census.gov/foreign-trade/Press-Release/current_press_release/ft900.pdf to read the whole report.