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IndustryWeek (4/3, Selko) reports, "Currency exchange rate pressures lead to an increase in the exit rates of very small manufacturers," according to a report by the Office of Advocacy of the U.S. Small Business Administration. The author of the paper, Robert Feinberg, professor at American University, noted, "Interestingly, small manufacturers in high-tech industries are more insulated from international competitive pressures than those in other sectors." Among other factors affecting exit across firm sizes are "overall economic activity, labor costs, and whether the firm's industry sector produced consumer goods. Changes in an industry's import share produced
