Tuesday, September 02, 2008

Cheap Exports Are Booming For Small Businesses

America's relatively cheap exports are booming and have played a critical role keeping the U.S. economy out of recession. In response, more small-business owners are looking to tap overseas markets and banks are looking to grow with them.

Read more about it here but don't let this quote confuse you: "There are 50,000 small- and medium-sized exporters in PNC's footprint, and ..." They must mean customers of a certain size who will use their services because our number is more like 240,000 (and growing) SMEs are exporting from the United States.

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