Study: Midwest businesses that go international healthier than peers

A new study by HSBC Bank USA shows that Midwestern companies with a large amount of international sales are three times more profitable than their domestic-focused peers. The HSBC Spotlight on U.S. Trade Report showed that highly international Midwestern companies had an average profit margin of 9 percent, whereas less international peers averaged 3 percent profit margins. International companies in the Midwest also showed more consistent profits throughout the recent recession, with profit margins…