NETAAC - Providing Federal Financial Assistance to New England Firms

Impacts

NETAAC is a good investment. For 5 years (1997-2001), the New England Trade Adjustment Assistance Center, Inc. (NETAAC) provided 68 New England clients assistance that totaled $4,773,932. This was comprised of $2,314,546 of government expenditures and $2,459,386 of client share expenditures. The map below shows the number of client firms that NETAAC's programs have assisted in the New England States. Click on any state for details or scroll down for more impact information.

Vermont 4 Client firms Massachusetts 27 Client firms		Maine 5 Client firms New Hampshire 6 Client firms
Connecticut 9 Client firms	Rhode Island 17 Client Firms

A December 2001 review of 62 NETAAC clients that completed the Trade Adjustment Assistance program showed the following results:

Employment declines of 1,005 or 15.7 percent were arrested and employment increased by 800 or 14.8 percent with program assistance.

1. Two years prior to program entry
2. At program Entry

3. After program assistance

Cumulative sales had declined by $76,911,000 or 12.2 percent prior to program entry. After program assistance, sales grew by 50 percent to $826,307,000.

1. Two years prior to program entry
2. At program Entry

3. After program assistance

Sales per employee, a basic measure of productivity, grew by 31 percent from $102,000 at program entry to $133,620 with program assistance.

1. Two years prior to program entry
2. At program Entry

3. After program assistance

Independent studies have confirmed the impact and effectiveness of NETAAC's programs.

If you cannot find the information you are searching for on our site, please contact us for further information.

New England Trade Adjustment Assistance Center, Inc.
600 Suffolk St, 5th Floor North
Lowell, MA 01854
info@netaac.org

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