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Trade creates jobs for Illinois. Export growth increases jobs by generating new business for Illinois’ manufacturers, services providers and farmers. Imports support jobs and keep costs low, helping Illinois businesses compete and saving Illinois families real dollars at the cash register.
The Business Roundtable meets quarterly and guides the Chamber on priority policy initiatives throughout the year. For information about the Business Roundtable, please contact David at [email protected] or 630-747-3989.
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Washington – International trade supports an estimated 1.6 million jobs in Illinois and generated $70.9 billion in goods exports in 2012. Business Roundtable highlights these and other important facts about the benefits of trade to Illinois’ economy in a new state-by-state analysis.
In particular, Illinois stands to gain from increased business ties, as the TPA will create jobs at home through increased export market access for both goods and services, reduced prices for manufacturers, and an improved investment environment. Illinois’ Heavy Equipment Manufacturers Will Benefit from the CTPA
Illinois in particular stands to gain from increased business ties, as the KORUS FTA will support jobs in the State through increased market access for the State’s exports of both goods and services, and reduced costs for raw materials imported by Illinois’ manufacturers.
Drawing from new Business Roundtable research and U.S. government data, the facts and figures highlighted in the Illinois state analysis provide in-depth details on the benefits provided by U.S. businesses that operate internationally. In Illinois, globally engaged U.S. companies: