| What’s your International Quotient? |
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Export markets for US products have grown twice as fast as domestic markets
since 1970.
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International markets account for 20 percent of sales by US manufacturing
companies.
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Employment levels in US manufacturing have stabilized in the 1990’s because
of increasing levels of foreign investment.
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Some regions of the world, such as Latin America, are good markets for
US products while other regions, such as Asia, purchase infrequently from
US companies.
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A third of jobs in US agriculture stem from international sales.
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US manufacturers source a growing share of their inputs from overseas suppliers.
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International sales create 600,000 new jobs every year in the USA
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Federal and state tax policies are effective tools for recruiting some
international industries but are ineffective for others.
| If you answered true to all the above, you’re
a well informed practitioner! |
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|
Economic
development programs that overlook foreign markets or prospects are ignoring
the fastest growing generators of wealth and jobs in the nation.
|
Taimerica Management Company is a national leader at helping
states and communities form viable international strategies. Listed below
are some of our representative assignments:
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Our Proprietary
Trade Forecasts for states, regions, and metro areas in the USA Taimerica
produces a 5-year forecast of trade growth for states, regions, and metro
areas by country or product. These forecasts are available for all of the
USA's major trading partners. We use 25 factors from the IMF, World
Bank, and other sources to forecast growth in trade between the source
region and the destination country. These forecasts are valuable
for determining goals and objectives for trade development programs and
for assessing the performance of foreign offices. Email us to learn
more about services in this area of our practice.
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Economic Assessments
of Trade Development Programs Taimerica has developed proprietary
models for assessing the trade intensity of US states and metro areas.
Our model determines whether export intensity is above or below national
norms and gives the developer insight into whether the local situation
is due to economic structure or to lack of exposure.
One problem in managing development efforts is
determining which areas of a program are providing cost-effective results.
Taimerica's methods allow communities to quantify the jobs and payroll
impact of international programs on local, regional, and state economies.
Our methods allow communities to chose sound development strategies and
tactics.
Taimerica's other Global Trade Products
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Identification of principal export products and overseas
markets for communities;
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Review, analysis, and recommended realignment of
overseas office locations;
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Analysis of economic impacts of trade policies and
programs on community economic bases;
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Reports of community and state trade flows by product,
volume, overseas location and company;
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Formulation of trade and reverse investment strategies
and plans;
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International targeting and strategy formulation;
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Assessment of community infrastructure for international
trade & investment;
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Analysis of marine, air, and inland transportation
costs.
Taimerica Management Company
Box 977 Mandeville, LA 70471
(504) 845-1934 FAX (504) 845-1717
Specialists in international economic development strategy
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page
email us at taimeric@bellsouth.net