Study, Government Initiative Point to Small Businesses Expanding into Overseas Markets
While exports accounted for almost 13% of GDP in 2008, the global recession that began in 2009 hit exporters and employees particularly hard. The government’s efforts to facilitate exports are meant to spur employment opportunities and economic growth… Shipwire, an e-commerce fulfillment service, announced the results today of a study that examined the trends of small businesses’ exports and expansion into global markets. The study was based on Shipwire’s customers in the U.S. and abroad in 2008 and 2009 and points to an increase in small businesses’ growth overseas. Read more. | PDF version.