Today, the President will visit the Boeing assembly facility in Everett, Washington, to announce new steps aimed at promoting American manufacturing and increasing U.S. exports. Manufacturing represents nearly 60% of total U.S. exports, and Boeing is one of the country's leading exporters of manufactured goods with more than $34 billion in total exports in 2011, up over 45% since 2006. Today's announcement will follow through on the President's commitment to provide sufficient export financing to put American manufacturers on an even footing with our foreign competitors, provide expanded support for small business exporters and take the next step in the President's proposal to reorganize the trade and competitiveness agencies by expanding the responsibilities of the Export Promotion Cabinet.This is the most recent of a series of executive actions the President has announced to put Americans back to work and strengthen the U.S. economy.
"Two years ago, I set a goal of doubling U.S. exports over five years." said President Obama. "Today, we're on track to meet that goal - ahead of schedule. But we need to do more, which is why I'm pleased to announce several steps that will help more American businesses sell their products around the world, create jobs right here at home, and help us build an economy that lasts."
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