On two-year anniversary of the National Export Initiative (NEI), data shows exports support increasing number of jobs On the two-year anniversary of the signing of the Executive Order creating the National Export Initiative (NEI), the U.S. Department of Commerce today released data showing that jobs supported by U.S. exports increased by 1.2 million between 2009 and 2011. Building on strong growth in 2010, exports supported approximately 9.7 million jobs in 2011 and the value of U.S. exports of goods and services exceeded $2.1 trillion for the first time in U.S. history.
Efforts to expand markets for American businesses include the U.S.-Korea Trade Agreement that will enter into force this Thursday, March 15, and is expected to increase U.S. exports by approximately $11 billion. The agreement will support tens of thousands of American jobs, while opening up Korea’s $1 trillion economy for America’s workers and businesses.
Since the beginning of the NEI, the Commerce Department has taken a number of steps to help U.S. companies export globally and create jobs locally. Some examples include:
Source: U.S. Department of Commerce
