What Do U.S. Small Businesses Think About Trade?
The latest FedEx Trade Index tapped 1,000 U.S. small-business leaders for their thoughts.
A substantial majority of U.S. small-business leaders views increasing trade as beneficial to the U.S. economy. The exact figure — 76 percent — is among the results of the third FedEx Trade Index, commissioned by FedEx and conducted by Morning Consult. Two out of three small-business leaders (68 percent) also say the U.S. risks falling behind if not included in trade agreements.
“Expanding trade opportunities is essential for U.S. economic growth and American jobs,” says Raj Subramaniam, executive vice president and chief marketing and communications officer, FedEx Corp. “Trade agreements lower barriers to American goods and services so the U.S. can remain competitive in an increasingly global marketplace.”
The index indicates that small-business leaders place importance on addressing the needs of the workforce within the changing economy, as well. Eighty-two percent of respondents say that job retraining and skills upgrades are priorities for Americans to compete globally.
For more FedEx perspectives, go to policy.fedex.com.
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- How does your business benefit from trade?