Save the Date: 2016 Global Business Awards Luncheon
Join us on Wednesday, May 24 at the 2016 Global Business Awards Luncheon. Governor Doug Burgum has been invited to present the North Dakota Service to Exporters Award and the Exporter of the Year Award to businesses that have made significant advancements in the international marketplace. The Global Business Awards Luncheon will also feature a keynote presentation by Mark Kennedy, President of the University of North Dakota.
Click here for more information and to register for this event.
Renowned Economist Discusses Global Markets During Trade Talk
As world markets rapidly change, questions loom for North Dakota's exporters. The question on the minds of many is, what's going on with the global economy right now? North Dakota business leaders filled a Holiday Inn meeting room in Fargo last week in hopes of having that very question answered. Dr. Jay Bryson, a managing director and global economist with Wells Fargo Securities, was on hand to provide insight and answer questions on the dynamic global landscape.
The STEP ND 2015-16 results are in and demonstrate the sterling returns that come from investing in North Dakota's exporters. A total of $287,694 was awarded to the NDTO in 2015 through the SBA's State Trade Expansion Program grant. To date, over $23 million of exports have been reported as a result of activities covered under this grant, including international sales trips, trade missions and USCS services. This means that STEP companies have achieved a return on investment of over 82:1! And there's still more funding to take advantage of.
The US Department of Agriculture held their annual Agricultural Outlook Forum on February 23-24 in Arlington, Virginia. The forum is the USDA's largest annual meeting and serves as a platform to discuss key issues within agriculture. This year's opening speaker was USDA Chief Economist Rob Johansson, who presented the outlook for U.S. agriculture in 2017, including his predictions for global trade.