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  • Top 10 Manufacturing Hubs in the USA

    Top 10 Manufacturing Hubs in the USA

      Manufacturing continues to be a critically important industry for many economies. In the US, manufacturing generally involves transforming raw materials into products employing mechanical, physical or chemical processes. America’s manufacturing industries usually involve plants, factories and mills; they also include small and home-based businesses and raw materials are typically commodities or components. Manufacturing anything
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  • Top 10 manufacturing hubs in China

    Top 10 manufacturing hubs in China

      Nicknamed the ‘World’s Factory,’ China is on top of the list of manufacturing giants in the world. Primarily due to low-cost manufacturing, has propelled China to be crowned as the second largest economy in the world, with $11 trillion, or14.8% of the global economy, as per World Bank figures. We give you a lowdown
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  • Countries where Toyota is Popular

    Countries where Toyota is Popular

      Toyota is one of the leading car manufacturers in the world, and offers a number of models such as the Prius, Yaris, Corolla, and Camry. The company was founded in 1937, in Japan, and over the years its popularity has continued to grow. Today the Japan-based manufacturer has the distinction of producing more than
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  • Total Tax Rate as Percentage of Commercial Profits

    Total Tax Rate as Percentage of Commercial Profits

      The tax rate can be defined as the percentage at which an organization or a person is taxed. The total tax rate is the total amount of taxes that business have to pay after accounting for exemptions as well as deductions as a share of commercial profit. This is excluding taxes that are withheld
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  • Mapping the Largest Importers of Beauty Products Around the World

    Mapping the Largest Importers of Beauty Products Around the World

      The beauty products industry is one of the leading industries in the world and is significantly contributing to the revenues of the nations. Changing lifestyles and increasing incomes of the consumers have strengthened the beauty products industry. Some of the commodities that comprise beauty products are lip make-up preparations, eye make-up preparations, manicure or
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  • The Top 15 E-Commerce Markets in the World

    The Top 15 E-Commerce Markets in the World

      The Global retail e-commerce industry is growing at an impressive rate. An increasing population, rise in the purchasing power of the people, changing consumer trends, and strong economic growth are some of the factors that are driving the growth of the retail e-commerce industry around the world. The global retail e-commerce will witness a
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  • The Most Globalized Countries Around the World

    The Most Globalized Countries Around the World

      KOF Index of Globalization is an annual report published by the Swiss Federal Institute of Technology in Zurich. The report accesses the rate of globalization in nations across the world. The index is based on three dimensions, which are – economic, social, and political. Through these dimensions, the Index of Globalization measures the economic
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  • A Look at the Value of Pesticides That Nations Imported in 2014

    A Look at the Value of Pesticides That Nations Imported in 2014

      Pesticides are used in agriculture. Farmers use pesticides to get rid of agents that may harm crops such as insects, weed and fungi. Other than this, pesticides are at times used in other activities also such as to remove shrubs and weeds from roadways as well as to combat the growth of algae in
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  • The percentage of Labor force employed in informal economy around the world

    The percentage of Labor force employed in informal economy around the world

      The informal economy can be defined as that segment of the economy which is not regulated by the government. Also described as the grey economy, an informal economy is not taxed and activities in this segment are not included in the country’s Gross Domestic Product and Gross National Product. There are many nations in
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  • What are the State and Local Sales Tax Rates in Each US State?

    What are the State and Local Sales Tax Rates in Each US State?

      In the United States, a sales tax is a tax that is levied on the sale or lease of goods and services. Sales tax is levied in almost all of the states of the country, barring a few. However, the tax rates are not uniform. Every state has its own sales tax rates, which
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