For a new report published by the US-China Business Council, The Trade Partnership produced state-by-state one-pagers highlighting the growing importance of exports to China for all 50 states. The reports utilize goods and services export data from our CDxports database.
Trade Partnership Worldwide estimates that more than 21 million Americans owe their jobs to imports. This conclusion is based on a comprehensive assessment of the full range of ways in which imports interact across the economy. It thus reflects both job gains as well as job losses. The study finds that millions of these jobs are held by union workers, minorities, and women and pay the kinds of wages that enable Americans to enjoy a “middle class” lifestyle.
The Trade Partnership prepared reports for the Business Roundtable demonstrating how U.S. state economies benefit from international trade and investment. The Trade Partnership examined the impacts of exports, imports, and foreign investment at the state level. Each state study examines the roles that trade plays in the lives of state manufacturers, farmers, and families.
Click here to download copies of the report.
Trade Partnership Worldwide, LLC, updated its periodic estimate of the number of U.S. jobs that depend on trade. We found that U.S. exports and imports of goods and services supported over 40 million U.S. jobs in 2018. This means that one in every five U.S. jobs is linked to trade. Two times as many jobs were supported by trade in 2018 as in 1992 – before the accelerated wave of trade liberalization that began with the implementation of the North American Free Trade Agreement in 1994 – when our earlier research found that trade supported 14.5 million jobs, or one in every ten U.S. jobs. Prepared for the Business Roundtable.
For a new report published by the US-China Business Council, The Trade Partnership produced state-by-state one-pagers highlighting the growing importance of exports to China for all 50 states. The reports utilize goods and services export data from our CDxports database.
This report provides data, analysis, and insight into the international trade market for information technology products and services. The underlying import and export statistics are compiled by the Foreign Trade Division of the U.S. Census Bureau, the U.S. International Trade Administration of the Department of Commerce, and the U.S. Bureau of Economic Analysis. The export-supported employment figures are compiled by The Trade Partnership’s CDxports database.
Download copies of the report here.
The Trade Partnership publishes monthly U.S. export data highlighting trends for national goods and services exports and state and congressional district goods exports. Data include top exports, top sectors, top countries, and export changes.
Click here to go to previous versions of this report.
As we approach the 2020 elections, here are a few trade policy suggestions to consider, based on data extracted from a “deep dive” into The Trade Partnership’s CDxports database.
Suggestion #1. Don’t “dump” on our neighbor to the North.
Suggestion #2. Other countries with which we are engaged in various international trade policy negotiations or other “discussions” are leading customers for the remaining states.
Suggestion #3. Carefully evaluate sector-specific trade policy options.
Click below to read the full report.
While the motivation for the Trump Administration’s trade policy is clear, the outcomes of the resulting trade actions are equally clear. The effort to support – and grow — the jobs of workers who do not hold college degrees is in fact costing many of those workers jobs, and keeping them from realizing a “middle class” lifestyle. A tariff focused trade policy is counterproductive.
The Trade Partnership publishes monthly U.S. export data highlighting trends for national goods and services exports and state and congressional district goods exports. Data include top exports, top sectors, top countries, and export changes.
Click here to go the newest release of the report.
Click below to download that month’s version of the report.
