The 225 S&P 500 companies that share full reporting information received 46.3% of their sales outside of the U.S. in 2010, down slightly from the 46.6% they received in 2009 and quite a bit less than the 47.9% that foreign sales comprised of their total revenues in 2008, S&P Indices said.

“While the percentage of foreign sales posted a slight tick downward in 2010, we believe that multiple changes in currency, membership and contracts negate any strong implication to the second yearly drop,” said Howard Silverblatt, senior index analyst at S&P. “Looking at these results on a proforma basis, foreign sales ticked up for the year, a direction we feel will continue as non-U.S. growth outpaces U.S. domestic growth.”

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