A decline in exports and a sharp rise in imports pushed the U.S. trade deficit in June to its widest point since October 2008, raising new concerns about the weakening economic recovery. The $49.9 billion gap is worrying economists, who fear it means the U.S. economy grew at half the rate in the April-to-June quarter than [...] [...]
The tourism industry stands to gain attention and traction from the U.S. Export Council’s plan to double exports over the next five years — at least the U.S. Travel Association thinks so. President Obama has appointed two members of the Travel Association’s board of directors, Glenn Tilton, CEO of United Airlines, and Bob Iger, CEO of [...] [...]
by Contributing Writer Published: February 26,2010
Tags: exports, Small Business
While many small businesses are in survival mode during the current economic downturn, there are still strategic decisions that can be made today which may have a positive impact on this year’s bottom line. Small businesses account for 30 percent of all U.S. exports — a staggering $500 billion per year. The fastest growing segment of [...] [...]
by Amy Gillentine Published: October 23,2009
Tags: exports, high tech, Josh James, Michael Larson, TechAmerica, University of Colorado at Colorado Springs
The high-tech industry annually brings Colorado billions of dollars in revenue and represents one of its top export products. The sector — including computers, semiconductors, electro-medical equipment and industrial electronics — generated $2.9 billion for Colorado during 2008. That, however, was an 8 percent decrease from 2007 and far off the 2006 high of $4.3 billion. So, [...] [...]
by Amy Gillentine Published: October 23,2009
Tags: exports, high tech, semiconductor
High-tech industry exports totaled $223 billion nationally during 2008, an increase of 1 percent compared to 2007. While long-term analysis shows an increase of 38 percent since 2002, high-tech exports have decreased in four subsectors: computers and peripheral equipment, consumer electronics, semiconductors and industrial electronics. Those decreases, however, have been partially mitigated by increases in communications equipment, [...] [...]
by Rebecca Tonn Published: March 3,2009
Tags: agriculture, beef, Colorado, exports, livestock
During 2008, Colorado was the No. 1 supplier of beef and beef variety meats to Canada, the No. 2 supplier to Japan and Mexico and the No. 1 supplier of fresh chilled beef to Korea. For the first time, beef exports from Colorado exceed levels reached prior to the closure of most major U.S. beef markets during the [...] [...]
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