America’s Export Surge Is Just Beginning

Despite all the attention the trade deficit receives each month, little heed has been paid to the rapid expansion of U.S. exports, which have been growing nearly three times faster than gross domestic product since 2005. As a share of the U.S. economy, exports are at their highest point in 50 years.

Rather than slow down any time soon, our research indicates this export boom is likely to continue. Combined with manufacturing “reshored” from China, the increased exports could create 2.5 million to 5 million U.S. jobs by 2020.

Read Here – Businessweek

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