Retired Rear Adm. William G. “Woody” Sutton is the new Assistant Secretary for Manufacturing and Services in the Department of Commerce, a public advocate for manufacturing. And in many, many cases, that means being an advocate for free trade.
Such as in Ohio yesterday, in remarks at Kent State.
Sutton said advances in technology, productivity, logistics and financing have changed manufacturing.
He said the United States has trade agreements with 14 countries that buy 42 percent of U.S. exports.
The United States was the world’s largest exporter of goods and services in 2006, according to data from the World Trade Organization.
”Ohio’s export shipments of merchandise in 2006 totaled $37.8 billion, up $10 billion, or 36 percent, from 2002,” he said. ”Ohio is recorded as the eighth largest export total of all 50 states in 2006.”
Most of the Ohio companies that are exporting goods have fewer than 500 employees, according to federal data.
Where would Ohio’s economy be without exports?
Sutton is visiting NAM HQ today, by the way. Welcome!
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