In March, President Obama announced the National
Export Initiative (NEI) in order to improve conditions that affect
the private sector's ability to export. By working to remove trade
barriers and hurdles to entering the export market, the NEI seeks to
help meet the Obama administration's goal of doubling exports over the
next 5 years.
While exports accounted for almost 13% of GDP in 2008, the global recession that began in 2009 hit exporters and employees particularly hard. The government's efforts to facilitate exports are meant to spur employment opportunities and economic growth.
Shipwire, an e-commerce fulfillment service, announced the results today of a study that examined the trends of small businesses' exports and expansion into global markets. The study was based on Shipwire's customers in the U.S. and abroad in 2008 and 2009 and points to an increase in small businesses' growth overseas.
To read the full, original article click on this link: Study, Government Initiative Point to Small Businesses Expanding into Overseas Markets - ReadWriteStart
Author: Audrey Watters
