The New National Export Initiative Web Page

The Office of the United States Trade Representative (USTR) launched a new web page dedicated to USTR's work on the President's National Export Initiative (NEI).

As President Obama announced in his State of the Union address, agencies across the federal government are teaming up under the National Export Initiative to create jobs by expanding exports. This page will serve as a one-stop shop for updates on USTR's NEI work and connections to the entire NEI effort across the Obama Administration.

Visit here.

Illustration source here.

Posted by: The Global Small Business Blog

How is the National Export Initiative Working For You?

That's the question I have for small businesses after I read this article:

Small Businesses Barely Keeping Afloat

As always, the comments baffle me.  But I am serious about my question:  Is the NEI working for small businesses?

Is it the best of times for BIG businesses and worst of times for small?  We welcome hearing from you!

U.S. International Trade Data May 2011

According to the ITA Blog Tradeology, exports decreased by 0.5 percent in May, total exports are still up 16.4 percent compared to the same period last year.

Thank goodness.  Otherwise, the NEI would fall flat on its face.

Statement from U.S. Commerce Secretary Gary Locke on U.S. International Trade in Goods and Services:

“While exports dipped slightly in May, exports have been growing at a strong pace overall in the first five months of 2011, up 16.4percent compared to the same period last year. We’re making progress but we still have a way to go. Accelerating job growth remains a priority for this administration and we will continue to provide our businesses with the necessary tools to compete and win globally and create more American jobs. As we move closer to reaching the president’s goal of doubling exports by 2015, the Obama administration will continue to help businesses reach the 95 percent of consumers who live outside our borders,” Locke said.

Export fact sheet here.  Illustration credit:  U.S. Foreign Trade Data (U.S. Census)

Posted by:  The Global Small Business Blog