In October, the Export-Import Bank of the United States (EXIM) joins with other government partners to highlight Manufacturing Month, celebrating the key role manufacturing plays in the U.S. economy.
Manufacturing contributes $2.65 trillion to the nation’s economy, provides nearly 13 million jobs, and accounts for 10.3 percent of the nation’s GDP, according to the International Trade Administration. In 2022, U.S. exports of manufactured goods totaled nearly $1.6 trillion, representing 77 percent of all U.S. merchandise exports. About 96 percent of manufacturers that export are small and medium-sized businesses.
Resources for Growing Export Sales
To support American manufacturers as they begin or expand their export journey, EXIM joins with other export promotion agencies to provide the tools U.S. businesses need to succeed in the global marketplace. Join us to learn about best practices and resources that can help U.S. manufacturers increase sales and production capacity:
The event also will provide an overview of federal government tools, resources, and services available to support U.S. companies of all sizes. You’ll hear about products available from EXIM, the U.S. Commercial Service, the Small Business Administration (SBA), the Manufacturing Extension Partnership (MEP), and the U.S. Census Bureau. In addition, small businesses will explain how they worked with these government agencies to successfully boost their international sales.
The free webinar — Tuesday, October 29, from 2-3:15 p.m. EST — will include:
- An interview with a 2024 winner of the President’s Export Award, presented by the Department of Commerce.
- An overview of EXIM’s Make More in America Initiative, strengthening our nation’s supply chains.
- An overview of SBA’s Working Capital Pilot, supporting domestic and/or international business.
- A success story from MEP’s ExporTech, providing export assistance for manufacturing companies.
President Joe Biden praised the manufacturing sector when he proclaimed Manufacturing Day, an annual event held on the first Friday of October and sponsored by the Manufacturing Institute, the nonprofit workforce-development and education partner of the National Association of Manufacturers.
“American workers and the unions who fight for them represent the best of our country. They help power our economy and strengthen our middle class. On National Manufacturing Day, we celebrate the ingenuity, grit, drive, and determination of the American worker. We thank them for their contributions, and we recommit to investing in their productivity and success,” the President said.
"Made in the USA" is a mark of quality recognized worldwide. With more than 95 percent of the world’s consumers living outside the United States, the focus will be on assisting U.S.-based companies tap into the global marketplace to expand their business and confidently export worldwide. Register here for this special event!
