Lebanon exports totaled $348M in 2013

By Chris Sholly for Lebanon Daily News

Lebanon County’s merchandise exports increased by 3 percent last year, according to the latest report from the U.S. Department of Commerce’s International Trade Administration. The new export data shows that local exports totaled $348 million in 2013.

“U.S. companies of all sizes are exploring the possible benefits of exporting and looking beyond our borders to expand their customer base,” Undersecretary of Commerce for International Trade Stefan M. Selig said in a news release.

Susan Eberly, president of the Lebanon Valley Economic Development Corp., noted that the increase in local exports “speaks volumes for our economy and for our local companies.”

These companies also help boost the local economy.

Lebanon County businesses export a variety of products, from processed foods, plastics and rubber products to chemicals, machinery and computers and electronics. Trading partners in the Asia Pacific Economic Cooperation and NAFTA were the leading destinations for Lebanon exports, according to ITA officials.

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Top List of Economically Free Countries of 2013

beckeThe United States came in at number 12. The U.S. was ranked number 6 when President Barack Obama took office in 2009.

Slipping: U.S. Fails to Crack Top 10 List of Economically Free Countries

The economic freedom index, which is jointly published by the Wall Street Journal and the Heritage Foundation, ranks the top 10 countries based on the average of 10 separate measurements, including government spending, fiscal freedom, trade freedom and freedom from corruption.

America’s spot on the 20th annual index is an “unfortunate but foreseeable slide,” said Heritage President and former U.S. Senator Jim DeMint.

“It should stun everyone,” he said, noting that the U.S. has even managed to fall behind Estonia on the index.

America’s place on the index has declined steadily for the past seven years, resulting in its status as “mostly free.” The decline is due mostly to poor showings in “fiscal freedom, business freedom and property rights,” according to the index.

“Fortunately despair will never be part of what we do here at the Heritage Foundation,” DeMint said. “We’re continuing to work on those factors, those inputs, that change the total output of economic growth.”

Hong Kong, Singapore, Australia, Switzerland, New Zealand and Canada, on the other hand, all rank “free.”

Slipping: U.S. Fails to Crack Top 10 List of Economically Free Countries

America’s fall to 12th place comes even as economies in the Asia-Pacific region report slight improvements.

Lastly, the “communist nations North Korea and Cuba brought up the rear of the index. Several war-torn countries, such as Syria and Afghanistan, were not ranked,” the Washington Examinerreported.

Professor Czinkota and Amb. Cuisia

In preparation for our Georgetown University and the American Marketing Association, with the Support of the International Trade Administration of the U.S. Department of Commerce March 14-15, 2013 Conference, I met with the Ambassador of the Republic of the Philippines to the United States- Amb. Jose Cuisia.

For more information, visit our CONFERENCE WEBSITE

From your left to right: Ireene Leoncio, Georgetown Alumna, Amb. Jose Cuisia, Prof. Michael Czinkota and Mr. Angelito Nayan, Second Secretary and Consul

This photo was taken last February 12, 2013 at the Embassy of the Philippines in Washington, D.C.

“Trade Policy and International Marketing” 2013 Conference (Call for Papers: Dec 31, ’12 Deadline)

Joint Conference of

The American Marketing Association (Global Marketing SIG), Georgetown University and the U.S. Department of Commerce

“Trade Policy and International Marketing”

This meeting  is supported by Journal of International Marketing, Journal of Public Affairs and Thunderbird International Business Review

Washington D.C. March 13-15, 2013

After 25 years, we announce another conference on Trade Policy and International Marketing. The location of Washington D.C. with its major policy players, combined with the international business and marketing expertise of Georgetown University, allows for a unique combination of participants.

Visit the 2013  CONFERENCE WEBSITE   for more information.