How Fiber Optic Cable Sales Impacts the U.S. Economy

According to a recent release by the Bureau of Economic Analysis, the United States’ nominal GDP was estimated to be $16.8 trillion for 2013. Of that number, U.S. exports of goods and services accounted for $2.3 trillion, or nearly 14 percent, which is an all-time record.

Nationally, jobs supported by exports reached more than 11 million last year, up 1.6 million since 2009.

Every year, the Presidential “E” Award is presented to businesses that considerably contribute to exports, in recognition of the impact international sales has on the U.S. economy.