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"In the last five months, construction materials account for most [imports] after food," he said.
And domestic wages and materials account for about 30% of the cost of those re-exports.
Boards made with sustainable materials account for just 2percentt of the $140 million board market, according to Snowsports Industries America, a trade group.
UBS, a bank, notes that raw materials account for 70% of the price of a lithium battery, making the scope for savings limited.
Construction materials and raw materials account for about 80 percent of the total freight; other cargoes include petroleum and petroleum products, coal, foodstuffs, salt, tractors and agricultural machinery, automobiles, chemical apparatus, and fertilizers.
This has been painful for Latin America, because raw materials account for almost half the region's exports.The third channel through which the emerging-market disease spreads is the reduction in investors' appetite for risk following the crises in Asia and Russia.
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By contrast, the cost of raw materials accounts for about 7percentt of the average American car, the article said.
Two years ago, Mr. Melancon played a vital role in developing CPA2Biz and having the institute grant it exclusive rights to market all its products, including computer software for accounting firms, continuing education materials, accounting books, retirement planning services and insurance.
The cost of raw materials accounts for a small portion of the cost of most consumer goods, as labor, processing and packaging tend to make up a larger share of the price at the cash register.
For the most part, environmental costs are rolled up into overhead accounts such as administration, infrastructure and materials accounts.
The production of construction materials accounts for significant quantities of raw materials and respectively big amounts of energy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com