AAPC Statement on Department of Commerce Reports on Importance of Exports to Economic Growth

For Immediate Release: 
September 5, 2014
Contact: Colin Dunn
info@americanautocouncil.com
202-400-2609

AAPC Statement on Department of Commerce Reports on Importance of Exports to Economic Growth

 

WASHINGTON, D.C. – American Automotive Policy Council President Matt Blunt today praised the two new Department of Commerce reports that demonstrate the importance of exports to economic growth and job creation. The first report focuses on new data that shows the number of jobs supported by goods exported from each of the 50 states in 2013. The second highlights the level of exports achieved by the nation’s 387 Metropolitan Statistical Areas in 2013.

“The new reports released by the Department of Commerce highlight the importance of the U.S. automakers to the overall economy and will serve as a key resource. By examining the economic significance of exports to the states and major metropolitan areas, the Department has made major strides in underlining the positive impact of exports to U.S. economic growth.

“As the nation’s top export industry, American automakers are responsible for driving job creation in communities from Alaska to Florida. Chrysler, Ford and GM employ two out of three of America’s autoworkers and operate two out of three of America’s assembly plants and the reports are further evidence of the economic significance of U.S. exports to job creation and a fast-growing economy.

“As the Department of Commerce features the number of jobs supported by exports in every state, it has never been more important to continue to promote and expand such jobs by enacting strong and enforceable currency disciplines in future trade agreements, especially the Trans-Pacific Partnership (TPP). Currency rules are key to establishing a level playing field for U.S. businesses and increasing the number of export jobs throughout the country.”

Find the report “Jobs Supported by State Exports 2013” here.

Find the report “Exports from U.S. Metropolitan Areas” here.

The American Automotive Policy Council, Inc. (AAPC) is a Washington, D.C. association that represents the common public policy interests of its member companies Chrysler Group LLC, Ford Motor Company and General Motors Company.

###