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White House.gov Press Office Feed

Wednesday, February 26, 2014

COMMERCE DEPT. ANNOUNCES EXPORTS SUPPORTED OVER 11.3 MILLION JOBS IN 2013

FROM:  EXPORT-IMPORT BANK 
U.S. Exports Support a Record 11.3 Million Jobs in 2013

Washington, D.C. – Today the Department of Commerce announced that U.S. exports supported more than 11.3 million jobs in 2013, up 1.6 million jobs since 2009. In FY 2013, the Export-Import Bank supported an estimated 205,000 jobs.

According to the data in the report, exports now support more jobs than any time in the past 20 years.

“The job counts published today reveal just how important exports are to American jobs,” said Export-Import Bank Chairman and President Fred P. Hochberg. “That is why at Ex-Im Bank we continue to stand side-by-side with American exporters and help them fill orders abroad. In FY 2013 alone, our institution supported an estimated $37.4 billion in U.S. export sales and approximately 205,000 American jobs.”

In 2013, every $1 billion of U.S. exports supported nearly 5,600 jobs. Goods exports supported 7.1 million jobs in 2013, up 1.1 million positions from 2009. Services exports supported 4.2 million jobs in 2013, which is a record for the noted 20 year period.