Trade Will Improve the U.S. Economy: FedEx Survey

Trade Will Improve the U.S. Economy: FedEx Survey
Trade Will Improve the U.S. Economy: FedEx Survey

FedEx Corp. introduces the new FedEx Trade Index, a series of national surveys commissioned by FedEx and conducted by Morning Consult.

The FedEx Trade Index will periodically survey over 1,000 small business leaders to track the impact of international trade among the small business segment of the U.S. economy.

The results of the first survey finds a significant majority (71%) of small businesses see increasing global trade as improving the U.S. economy.

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Similarly, more than three out of four small business executives (77%) view expanding trade in a positive light overall. That number spikes to 90% for small companies that already trade internationally.

Small business leaders surveyed also agree (69%) that increasing global trade will create jobs in the United States.

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“Even during this time of intense debate about the benefits of trade, these results indicate American small business leaders see increasing global trade as a way to help the U.S. economy as a whole, as well as their businesses,” said Raj Subramaniam, executive vice president, FedEx Services.

“The rapid growth of global ecommerce, which our FedEx customers experience every day, allows more and more U.S. small businesses to benefit from international trade.”

The FedEx Trade Index is a national survey of 1004 small business leaders conducted by Morning Consult. Respondents included business owners and executives at companies with between two and 500 employees. It was conducted from August 8-22, 2016. The survey findings were released Thursday.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services.

Photo courtesy: FedEx Corp.

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Rakesh Raman