World Trade Center of Greater Philadelphia News
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Proclamation 5587 -- Made in America Month, 1986
Related Link: Facts About U.S. Manufacturing
ISA has just released the 2016 ISA Global Economic and Risk Outlook.
World Trade Center of Greater Philadelphia Members will be issued a free copy via email during the month of December 2015.
The Commercial Service at the U.S. Embassy Mexico is excited to announce a new webpage dedicated to promoting select Mexican infrastructure projects in the aviation/airports, energy & power, and water/wastewater sectors. The website can be accessed here: Mexico Infrastructure Projects. Infrastructure projects are critical to economic growth, and this effort is part of a U.S. Department of Commerce’s Infrastructure Initiative dedicated to highlighting infrastructure projects in three key economies (Mexico, India and the Philippines).
From the U.S. Bureau of Industry and Security (BIS):
BIS launched its Data Portal, which will, for the first time, make public aggregate information on licensing and export data trends. The Portal features data and analysis on Controlled Trade with Select Countries; Export Control Reform (ECR); BIS Licensing; and Exporter Compliance, which users can download in PDF and Excel format.
The Data Portal is consistent with the Secretary's goal of Data in her strategic plan to increase the efficiency, effectiveness, and security of Commerce programs through a data-driven government. The Data Portal will make it easier for businesses, communities, and citizens to access, analyze, and use Commerce data. To access the BIS data portal, visit www.bis.doc.gov/data.
The Export-Import Bank of the United States (EXIM) is the official export credit agency of the United States. It empowers U.S. companies—large and small—to turn export opportunities into real sales. WTCGP is proud to support Ex-Im as it helps grow local businesses in the Greater Philadelphia area and beyond.
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On Tuesday December 8 at the Roadmap for Growth 2015- 2016: A Vision for the City of Philadelphia launch event, the Greater Philadelphia Chamber of Commerce released its report of findings from its Roadmap for Growth initiative, which seeks to create a shared agenda with Mayor-elect Jim Kenney, City Council and Philadelphia’s business and civic community on economic growth and job creation. The report outlines four topic areas and further questions for discussion that can serve as the basis of a shared agenda. These areas include: Building Opportunities for Business Creation and Growth, Revitalizing Neighborhood Economies, Developing a Trained and Educated Workforce and Leveraging Our Infrastructure. (via Greater Philadelphia Chamber of Commerce)
As reported by the U.S. Department of Commerce Bureau of Economic Analysis:
The U.S. monthly international trade deficit increased in October 2015 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $42.5 billion in September (revised) to $43.9 billion in October, as exports decreased more than imports. The previously published September deficit was $40.8 billion. The goods deficit increased %2.1 billion from September to $63.1 billion in October. The services surplus increased $0.6 billion from September to $19.2 billion in October.
Exports of goods and services decreased $2.7 billion, or 1.4 percent, in October to $184.1 billion. Exports of goods decreased $3.1 billion and exports of services increased $0.4 billion.
Imports of goods and services decreased $1.3 billion, or 0.6 percent, in October to $228.0 billion. Imports of goods decreased $1.0 billion and imports of services decreased $0.2 billion.
Goods by geographic area (seasonally adjusted, Census basis)
U.S. Deputy Secretary of Commerce Bruce Andrews today announced that he will lead a healthcare trade and investment mission to Lima, Peru from March 7-9, 2016. The trade mission will help U.S. companies launch or increase their business in Peru, focusing on pharmaceutical producers, medical device manufacturers, hospital operation and management services, hospital information systems, and eHealth solutions.
“The U.S. business community can partner with Peru to provide world-class products and services to help meet the country’s growing healthcare sector,” said U.S. Deputy Commerce Secretary Bruce Andrews. “Working together, we can help Peru meet its healthcare needs while also generating economic growth, creating new jobs, and increasing prosperity for people in both the United States and Peru.”
Peru will invest $2.6 billion over the next two years to build and improve a variety of infrastructure projects, including upgrading and equipping several hospitals and healthcare centers, new equipment, blood banks, and telemedicine systems. The Peruvian government's forward approach on prioritizing and enhancing the country's healthcare system to meet Peruvian's growing demand for quality healthcare and medicine will yield opportunities for U.S. suppliers of medical equipment and devices, U.S. pharmaceutical and biotechnology companies, and U.S. healthcare IT service providers.
The healthcare trade and investment mission delegation will be composed of senior executives from 15-20 U.S. firms, representing the mission’s target sectors. Businesses interested in participating in this trade mission should complete an online application at the Peru mission website at www.export.gov/tradeamericas/trademissionperu2016.
There will be a Webinar at 1:00 pm EST today, December 10, 2015 (Registration)
The American Indonesian Chamber of Commerce posted their monthly update of Outlook Indonesia:
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