Showing posts with label FRED P. HOCHBERG. Show all posts
Showing posts with label FRED P. HOCHBERG. Show all posts

Tuesday, December 9, 2014

U.S. EXPORT-IMPORT BANK CHAIRMAN RELEASES STATEMENT ON EXPORT DATA

FROM:  U.S. EXPORT-IMPORT BANK 
Export-Import Bank Chairman Fred P. Hochberg’s Statement on the Release of Export Data from the Commerce Department
U.S. Exports Reach $197.5 Billion in October

Washington, D.C. – Ex-Im Bank Chairman and President Fred P. Hochberg issued the following statement with respect to October’s export data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. According to BEA, the United States exported $197.5 billion of goods and services in October 2014.

“These numbers clearly demonstrate that products stamped ‘made in America’ are in high demand throughout the world,” said Hochberg. “Ex-Im Bank will continue to support U.S. exporters and their workers as they expand their footprint in the global marketplace and create good-paying jobs here at home.”

Exports of goods and services over the last twelve months totaled $2.3 trillion, which is 47.7 percent above 2009 levels, and have been growing at an annualized rate of 8.5 percent over the last five years.

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