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Global Opportunities Create Jobs

The Business View – September 2017 / From the Publisher – Bill Sisson

 

As I often say, Mobile has always looked outward to build its economy.

 

This was the case more than 300 years ago when Mobile was settled by the French as a trade post, and it continues to be true today with our continued success in international trade and foreign direct investment.

 

 

Mobile’s global perspective will serve our community well as our world becomes increasingly linked together as a global society. The volatility of the world-wide stage is predicted to increase over the next 10 years. But we cannot forget that with volatility comes potential for both business expansion and Chamber growth, driven by the nearly limitless opportunities occurring around the world.

 

In fact, some of our most important work in the coming years will be making sure our Chamber and its members evolve rapidly to address global change and the opportunities that come with an ever shrinking world.

 

Clearly, international business creates jobs and grows the local economy. A recent U.S. Department of Commerce study revealed that export-related job increases accounted for an astounding 40 percent of total job growth in the United States during the time frame studied (1993-2008).

 

On the local level, the Mobile metro area was ranked 55th among 381 U.S. metros for annualized export growth (2005-2015). And our total export support jobs reached 11,931 in 2015 — up 45 percent since 2005.

 

If you and your business want to learn more about expanding into the global market, let the Chamber help you explore the benefits of doing international business. Our trade director, Christina Stimpson, stands ready to assist you. She can be reached at 251-431-8648 or cstimpson@mobilechamber.com.

 

Click here to read The Business View – September 2017