Record Year of Exports and Jobs Supported by Global Business
Here at the International Trade Administration (ITA), we love good news.
Good news is more jobs. It's more businesses finding new customers overseas. It's American businesses innovating, creating high quality products that no one else in the world can equal.
Last month, we got some very good news.
Newly released data show that the United States reached a record high $2.3 trillion in total 2013 exports. Those exports support a record 11.3 million U.S. jobs.
This progress is crucial to our economic recovery. Exports support American businesses and those businesses support jobs. They're jobs at small businesses like Escalade Sports and Giant Loop.
President Obama understands how important those jobs are, and how important our work at ITA is. That's why he proposed an increase to our budget in FY 2015.
The President is also proposing a change to ITA's official title, one that reflects our additional mission of increasing foreign direct investment (FDI) into the United States. The budget calls for ITA's new title to be the International Trade and Investment Administration, a much more apt title for an organization with our mission.
We still strive to help U.S. businesses find overseas, whether it's by providing market research or through Gold Key matchmaking.
We'll also continue supporting American jobs by encouraging FDI.
However we can help your business, the best way to start is a to visit your nearest Export Assistance Center. I hope you'll visit our team soon so we can help you.
All the best to you as we await the coming of Spring.
Company reps traveled to Mexico and met with pre-screened prospective business partners arranged by CS trade professionals at the U.S. Embassy.