The U.S. Commerce Department reported that exports of goods and services in July increased from $196.2 billion in June.
The U.S. Commerce Department on Thursday reported that exports of goods and services in July increased to $198 billion from $196.2 billion in June, with the biggest jumps in autos, parts and engines.
“All over the country, in places like Kansas City, Detroit and Albuquerque, nearly 100 percent of post-recession growth has been driven by exports,” said Commerce Secretary Penny Pritzker in a statement. “Since 2009, we have doubled our exports to 46 countries.”
Earlier this week, Commerce released two new reports that show the positive impact of exports around the country. The first, “Jobs Supported by Goods Exports from States 2013,” highlighted for the first time the number of jobs supported by good exports from each of the 50 states. The second, “U.S. Metropolitan Statistical Areas Exports 2013,” provided data on the level of goods exports achieved by the country’s 387 metropolitan statistical areas.
U.S. exports of goods and services over the last 12 months totaled $2.3 trillion, which is 46.6-percent above the level of exports in 2009, and have been growing at an annualized rate of 8.7 percent when compared to 2009, according to the U.S. Export-Import Bank.
U.S. July exports reach $198 billion
