Updates from GE

Made In The USA: This Map Shows How Americans Benefit From Exports
By Tomas Kellner – Large companies often play an unseen but key economic role in their communities. Their suppliers — as well as local grocers, restaurant workers, non-profits and others — feel their pain in bad times, and profit when orders and jobs swell.

GE, which employs 125,000 people in the United States and works with more than 15,000 American suppliers, decided the measure this effect. This spring, the company created an interactive map to show the size of its own ecosystem and how it depends on free trade.

“About 70 percent of the products GE will make in the United States in 2016 will be exported,” says Nancy Dorn, vice president for government affairs and policy.

The world, including the United States, seems to be turning away from the notion of free trade. We actually need to continue along the trade path if we are to continue to prosper.

Let me give you an example. The United States is still GE’s single biggest country market, but at the same time, the growth rate in the United States in terms of the latest power-plant technology is not as meteoric as in some developing countries that are really starting from scratch.

Developing markets are leapfrogging the legacy systems in many of the developed countries and going with the most modern, most ecologically friendly technology. It’s analogous to the era when everyone went from landlines to cellular networks. more> http://goo.gl/oMX1zO

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