Friday, February 27, 2015

Why Export? Six great reasons, the last two are surprising…here is the third of the six.

Exporters are better able to leverage their production than non-exporters.  In the Milwaukee 7 region this is influence by manufacturing dominating our exports.  Nationally, over the past several decades, manufacturing has been growing, while manufacturing productivity has been growing even faster.  That's meant fewer jobs in manufacturing.  Exports tend to compound this productivity.  Thus, for M7 the export strategy is not a direct jobs strategy.

4 Small and Medium-Sized Enterprises: Characteristics and Performance,  United States International Trade Commission, Publication 4189, November 2010, Washington, DC,xii
 (Data for manufacturing SMEs are from the Commission’s questionnaire; data on services SMEs are from Census.)
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