Trade Adjustment Assistance: Commerce Program Has Helped Manufacturing and Services Firms, but Measures, Data, and Funding Formula Could Improve

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By J. Alfredo gGmez (au)
Year: 2012
Pages: 72
Binding Paperback
ISBN 978-1-4578-3932-0

Product Code: 1457839326

Description

Over the past decade, U.S. imports of goods and services have almost doubled, reaching $2.7 trillion in 2011. Although trade expansion can enhance economic welfare, many firms and workers experience difficulties adjusting to import conditions. The Trade Adjustment Assistance (TAA) for Firms program assists trade-impacted, economically distressed U.S. firms in making adjustments that may enable them to remain competitive in the global economy. The Dept. of Commerceäó»s Economic Development Admin. (EDA) administers the $15.8 million program through 11 TAA Centers throughout the U.S. This report examined (1) the results of legislative changes on program operations and participation; (2) the performance measures and data EDA uses to evaluate the program and what these tell us about the programäó»s effectiveness; and (3) how program funding is allocated and spent. Figures and tables. This is a print on demand report.

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