EXPORT-IMPORT BANK REPORTS U.S. EXPORTS REACH $193.9 BILLION IN MARCH

FROM:  EXPORT-IMPORT BANK 

U.S. Exports Reach $193.9 Billion in March

 Ex-Im Bank Continues to Support U.S. Jobs by Financing U.S. Exports

Washington, D.C. – The United States exported $193.9 billion of goods and services in March 2014, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.

“As the numbers prove, consumers around the world favor U.S. goods and services, because they know ‘Made in America’ is the best you can buy,” said Export-Import Bank Chairman and President Fred P. Hochberg. “Ex-Im Bank will continue to support U.S. exporters as they fill orders abroad and support jobs here at home.”

Exports of goods and services over the last twelve months totaled $2.3 trillion, which is 45.1 percent above the level of exports in 2009, and have been growing at an annualized rate of 9.1 percent when compared to 2009.

During the same time period among the major export markets (i.e., markets with at least $6 billion in annual imports of U.S. goods), the countries with the largest annualized increase in U.S. goods purchases, when compared to 2009, were Panama (23.5 percent), Russia (19.4 percent), Peru (18.2 percent), Hong Kong (18.1 percent), Colombia (17.8 percent), Argentina (16.5 percent), Chile (15.9 percent), United Arab Emirates (15.3 percent), China (14.8 percent) and Indonesia (14.7 percent).

'MADE IN AMERICA' STAMPS DEDICATED

FROM:  U.S. DEPARTMENT OF LABOR 
'Made in America' With the DOL Stamp of Approval


The contributions of America's industrial-era workers have been memorialized on Forever stamps titled "Made in America: Building a Nation." The stamps, which feature black-and-white photographs of early 20th-century industrial workers, were dedicated on Aug. 8 at the Department of Labor's headquarters. Joining Secretary of Labor Thomas E. Perez at the first-day-of-issue ceremony was Postmaster General Patrick R. Donahoe. "Stamps are like a miniature American portrait gallery," said Perez. "They are an expression of our values and a connection to our past. That's why it's so fitting that that this series depicts Americans at work. These iconic images tell a powerful story about American economic strength and prosperity. These men and women and millions like them really did build a nation." Donahoe added: "With Labor Day around the corner, the Postal Service is proud to honor the men and women who helped build this country with their own hands. They mined the coal that warmed our homes. They made the clothes we wore on our backs. Let each stamp serve as a small reminder of the dedication, work ethic, and sacrifices that make America great."