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Secretary Locke Delivers Keynote Address on the Economy at 128th Meeting of Greater Seattle Chamber of Commerce

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Alternate TextU.S. Commerce Secretary Gary Locke was in Seattle today speaking with small- and medium-sized businesses about exports and the economy. Afterwards he delivered the keynote address at the annual meeting of the Greater Seattle Chamber of Commerce.

Secretary Locke discussed the progress made and the next steps for President Obama's National Export Initiative (NEI). He also addressed how it is helping to lay the groundwork for sustainable economic growth in Washington state, the nation's most trade-dependent state, and across the country. His remarks today are only one day after he and his colleagues on the Export Promotion Cabinet delivered a detailed report to the president laying out recommendations for how to double U.S. exports.

“Yesterday, at the president’s newly-constituted Export Council – chaired by Jim McNerny, CEO of Boeing – we announced that our renewed focus on trade promotion has contributed to an 18 percent increase in U.S. exports so far in 2010 over the same period last year.

  • U.S. exports of manufactured goods so far in 2010 have risen by 22 percent. U.S. agricultural exports this year are projected to be the second-highest amount ever, with a trade surplus of $30 billion.

These increases are having an impact on the economy: Exports contributed to GDP growth for just as much as domestic consumption in each of the four quarters of recovery."

Exports growth is also impacting employment. Since January, Commerce’s Advocacy Center, in close coordination with the State Department and other agencies, has helped U.S. companies successfully compete for contracts with foreign governments supporting an estimated $11.8 billion in U.S. content. These deals alone support an estimated 70,000 jobs. “

Learn more about the National Export Initiative and read Secretary Locke’s complete remarks.  |  Press release  |  NEI website

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Links for more information

Why do the links attached the phrases "progress made and the next steps" and "National Export Initiative" go to a secure email login page?

Is the general public expected to have an email login on a government site in order to access the information referenced?

Thank you for catching that

We apologize for that oversight. We copied and pasted those links from an email and it kept the formatting from the email client.

The links have been fixed now and we'd encourage you to click on them to learn more about this important initiative.