News Release
FOR RELEASE - December 11, 2009
Contact: Aaron Ellis, aellis@aapa-ports.org
703-706-4714
American Association of Port Authorities
Phone: (202) 792-4033
www.aapa-ports.org
"October's export numbers offer a particularly hopeful sign for job creation and an economic recovery," said Kurt Nagle, president and chief executive officer of the American Association of Port Authorities. "While it's clear the economy is still struggling, the prospects for an economic resurgence are definitely brighter than they were this summer, especially in terms of the volume of American-made goods being produced and sold overseas."
In reviewing the latest U.S. Census import/export numbers, Mr. Nagle was also quick to point out that approval of pending international trade agreements and elimination of the federal Harbor Maintenance Tax for domestic waterborne freight, coupled with investments in surface and waterside transportation infrastructure at home, would spur job growth and further hasten the American economy toward revival.