The U.S. Foreign Trade Zones Board (FTZB) recently released their annual report to Congress for 2017. Some key takeaways include:
- Nationally, employment in foreign-trade zones rose 9.3 percent from approximately 420,000 Americans working in FTZ activities in 2016 to over 450,000 in 2017.
- In 2017, value of shipments into zones nationally totaled $669 billion - up 9.1 percent from $610 billion in 2016.
- Zone #46 (Greater Cincinnati) saw an increase in exports in 2017 while employment in Zone #47 (Northern Kentucky) increased from 2016 to 2017.
- Kentucky and Ohio were #7 and #10 respectively in terms of merchandise received when compared nationally.
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