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Pjman - 2:47 pm on Sep 13, 2012 (gmt 0)
Great question.
I'm a U.S. site. My U.S, metrics are Ok-good.
My metrics from the Philippines are amazing. I never knew this until I used GA about 9 months ago.
Since then my traffic from the Philippines has increased every month. Nothing crazy, but definitely 10% each month. So I would say that there must be some correlation.