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American Jobs Dependent on Global Markets
The U.S. should keep an eye on global markets in an effort to create more jobs and boost the economy.
The numbers tell the story. Some 95 percent the world’s population lives outside the United States. The rapidly growing emerging markets will account for half of the world’s GDP within the next three years.
In 2011, 60 percent of GE’s sales were outside the U.S, representing a three-fold increase in exports over the last 10 years. In order to compete, GE must grow both in the U.S. and globally, says John Rice, GE vice chairman and president and CEO of global growth operations. It’s the only way.
To learn more about why global markets are becoming key to American jobs and how GE will capitalize on this trend, check out the recent story at GE Reports: http://www.gereports.com/not-