In aggregate, the U.S. equity market sources 62% of its revenue domestically. That figure fell from 63% when we examined the data in June 2021. Companies are increasingly looking abroad, according to geographic revenue segment data for the 1,638 constituents of the Morningstar US Market Index, a broad gauge of large-, mid-, and small-cap stocks.
The United States is part of a global trend. When geographic revenue sources were examined for…
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