Small but helpful

Small but helpful

The Center for Science, Technology and Economic Development just finished an assessment of the Trade Adjustment Assistance for Firms Program, the subject of this well-written WaPo article.  We found, among other things, that the program contributed to firm stabilization and/or survival, the retention of employees, growth in the capabilities and knowledge of employees, and expanded technical and business networks. As a result 61% of firms we surveyed reported increased competitiveness; 59% reported increased productivity/efficiency; and 41% reported diversification, entering new markets, or reaching new customers. In terms of growth, 59% reported increased sales/revenues and 38% reported increased employment.  Not bad.. 

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