• SSTI poll shows overwhelming support for innovation platform

    More than 90 percent of the electorate support expanded efforts to strengthen the key elements of a knowledge-driven economy. Members can sign up for a webinar on how the poll can inform your communications.

  • Become an SSTI Member

    As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies.  Learn more about membership...

  • A directory of responses to the coronavirus pandemic.

    SSTI is cultivating this directory of federal, private and state actions and resources broadly affecting tech-based economic development efforts.

  • Subscribe to the SSTI Weekly Digest

    Each week, the SSTI Weekly Digest delivers the latest breaking news and expert analysis of critical issues affecting the tech-based economic development community. Subscribe today!

U.S. small business exports is a $541 billion market — where does your state stand?

November 07, 2019

The U.S. Chamber of Commerce and Google released a new analysis of export activity by U.S. small businesses. Results, based on surveys and Global Trade Analysis Project data, find $541 billion in national economic output, just 2.8 percent of the U.S. total. Survey responses suggest that small businesses are seeing a higher portion of sales occurring as exports (from 19 percent in 2016 to 24 percent in 2018), and that nearly 40 percent of companies with at least five employees export goods or services. SSTI has compiled the report’s per-state data on share of exporting small businesses, exports’ share of the state’s economic output (displayed in the map), and in-state employment related to exporting.