Nigerian Times

U.S. Exports Hit Nearly $180 Billion in October WASHINGTON, Dec. 9, 2011 /PRNewswire-USNewswire/ -- The United States exported $179.2 billion in goods and services in October 2011, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. (Logo: http://photos.prnewswire.com/prnh/20110414/MM83673LOGO) Exports of goods and services over the last twelve months totaled $2.072 trillion, which is 31.57 percent above the level of exports in 2009. Over the last twelve months, exports have been growing at an annualized rate of 16.1 percent when compared to 2009, a pace greater than the 15 percent required to double exports by 2015. "Increasing exports is critical to revitalizing our nation's economy and preserving our global competitiveness," said Chairman Hochberg. "I am pleased that October's numbers show that we are still on track to meet the president's National Export Initiative goal of doubling U.S. exports by 201...

There are more foreign students coming to study in America and spending billions of dollars yearly. Photo Credit: ASPA National Weblog . 14 Nov 2011 18:23 Africa/Lagos Foreign Students Contributed More than $20 Billion to U.S. Economy Last Year PR Newswire WASHINGTON, Nov. 14, 2011 New state-by-state foreign student and study abroad data now available from NAFSA WASHINGTON, Nov. 14, 2011 /PRNewswire-USNewswire/ -- Foreign students and their families spent more than $20 billion in the United States during the 2010 – 2011 academic year, according to a new NAFSA report released today. California, New York, and Texas welcomed the largest numbers of foreign students, and those states and others across the country each saw a substantial benefit from spending by these students and their families on living expenses, tuition, and fees. * See NAFSA's new foreign-student spending data by state, congressional district, and top receiving institutions of higher education (www.nafsa.org/eis)....

So Where are the Jobs? For The U.S. Economy, Bouncing Back Is Hard To Do Construction, Finance, State/Local Government Holding Recovery Back PR Newswire NEW YORK, May 5, 2011 NEW YORK, May 5, 2011 /PRNewswire/ -- When it comes to recessions, the U.S. economy doesn't bounce back like it used to, The Conference Board reports in an analysis released today. By March 2011, the number of people employed in the U.S. was only 0.2 percent higher than in June 2009, when the recession ended, notes the report, entitled So Where are the Jobs? The current recovery is the second slowest on record since 1961 – continuing a trend that began in 1991 of weak growth in both jobs and GDP. In the last three recoveries, neither GDP nor employment "roared back" as was typical after earlier downturns. In the current recovery, some industries are doing better, others worse. "When looking across industries, the current recovery is showing some unique trends," says Gad Levanon, Associate D...

President Barack Obama drinking beer 8 Mar 2011 18:47 Africa/Lagos Beer Industry Contributes $223.8 Billion to U.S. Economy PR Newswire WASHINGTON, March 8, 2011 Despite Economic Downturn, New Study Shows Quality Jobs, Solid Wages, and Strong Overall Economic Impact in 2010 WASHINGTON, March 8, 2011 /PRNewswire-USNewswire/ -- A new economic impact study shows America's beer industry, made up of brewers, beer importers, beer distributors, brewer suppliers and retailers, directly and indirectly contributes $223.8 billion each year to the U.S. economy. Commissioned by the Beer Institute and the National Beer Wholesalers Association (NBWA), the study shows that the industry generates more than 1.8 million American jobs -- which account for $71.2 billion in wages and benefits. The industry also contributed $44.7 billion dollars in the form of business, personal and consumption taxes in 2010. "Brewers across the country, large and small, remain an integral part of their communities....