Assistant Secretary of Commerce Woody Sutton just completed his presentation here at the NAM of export figures according to metropolitan areas, figures that cover the first half of 2007. From the news release:
- The top ten U.S. metropolitan areas posted total export sales of $207 billion. These exports accounted for 37 percent of total U.S. exports over this period. The top ten markets include New York-Northern New Jersey-Long Island; Houston-Sugar Land-Baytown; Los Angeles-Long Beach-Santa Ana; Seattle-Tacoma-Bellevue; Detroit-Warren-Livonia; Chicago-Naperville-Joliet; San Jose-Sunnyvale-Santa Clara; Miami-Fort Lauderdale-Miami Beach; Dallas-Fort Worth-Arlington; and Boston-Cambridge-Quincy.
- Five metropolitan areas posted impressive export sales of $20 billion or more. Sixteen other U.S. metro areas exported between $5 and $20 billion. Combined, these top 21 metro areas accounted for 51 percent of total U.S. merchandise exports.
And another key fact: Three quarters of the exports were to free trade agreement countries, with $18.2 billion headed to Canada and Mexico, and $71 million to the Central America and the Dominican Republic.
An awful lot of members of Congress who represent urban districts seem to think that free trade agreements hurt their constituents. But if exports are driving U.S. economic growth — and they are — then free trade agreements actually help to keep their constituents working and their districts’ companies making money.
So, we respectfully urge these urban members of Congress to take a look at the figures: www.trade.gov/metrodata
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