MURFREESBORO,
Tenn. — MTSU’s Business and Economic Research Center identifies the
location of Tennessee manufacturing exporters in its latest “Global Commerce”
report.
Using
the recently released U.S. Commerce Department 2014 exporter database, which
includes the location of every American firm that exported during that year,
report author Steven Livingston was able to determine that just under 3,000
Tennessee manufacturers exported in 2014. That number increased by 64 firms
from 2013.
The
report also outlines the geographic spread of manufacturers across the state,
largest export sectors, recent declines in exporting, top export markets and
developing trends. View the full “Global Commerce” report, including maps and
charts, at http://bit.ly/2eq4iwb.
“One can
argue manufacturing firms are particularly important for assessing the export
performance of a region or locale,” stated Livingston, a political science
professor and editor of “Global Commerce.”
For the
second quarter of 2016, the top two zip codes in Tennessee for export
manufacturers were Southeast Memphis and LaVergne and the top two export
sectors were medical equipment and auto supplies.
About 40
percent of all Tennessee exporters are manufacturers, which is actually
significantly higher than for the U.S. generally, noted Livingston. Nationally
only about a quarter of exporting firms are manufacturers. This is another sign
that the state economy is unusually “invested” in manufacturing, he stated.
For more
information about the report, contact Livingston at 615-898-2720 or email steven.livingston@mtsu.edu.
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