Small Business Exporters to the Rescue
In a bit of good news, the new trade numbers came in and are in line to add 1.8 percent to the GDP in the second quarter. That, and stronger than expected retail sales numbers, should result in GDP growth of more than 2 percent in the second quarter, putting another dent in public perception that we are in the midst of a recession.
The explosion of exports over the past couple of years is an under-reported story. Exports are up nearly 18 percent in just the last twelve months and …