Exports Fuel Houston’s Economy

by | Aug 15, 2016 | International Desk, Observations

The U.S. Department of Commerce estimates that for every $1 billion in U.S. manufacturing exports, 5,210 jobs are supported and for every $1 billion in U.S. service exports, 7,033 jobs are supported.

As the top exporting metropolitan region in the U.S. ($131.5 billion in 2014), Houston’s exports to the global marketplace play a significant role in the global economy. Exports create jobs, generate income, profits and tax receipts for tens of thousands of Houstonians. These include petrochemical plants, truck drivers, warehouse operators, the three Class I railroads serving Houston, freight forwarders, industrial parks, custom brokers, shipping lines, dock workers, lawyers, bankers and accounting firms.

Read the more in-depth article, which ran in the Houston Business Journal, to learn more about how exports are fueling Houston’s economy.

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