Saturday, February 20, 2010

Wanted: UPS to Help Double SMB Exports

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What a great job to have! The U.S. has asked UPS to help double exports for small and medium-sized U.S. businesses. UPS will use shipping data to identify those SMBs.
President Barack Obama set a goal of doubling exports to more than $3 trillion over the next five years to help create or support 2 million American jobs.
Less than 1 percent of America's 30 million companies export, which is significantly less than in other developed countries, the Commerce Department said in a statement.
Of those that do export, 58 percent export to only one country, providing what U.S. officials see as a big opportunity to expand exports.
A lot of the above stats can be found at UPS Business Monitor.

Read more here.

Another interesting piece: Export volumes: Is it possible to double exports in five years? ~ The Economist

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