The Export-Import Bank of the United State's Charter is set to expire on September 30th of this year. The financial organization loans money to foreign companies in order to allocate those funds for the purchase of domestically manufactured goods. For state's like Indiana, this policy making enables investment capital to be given to the state. Over the past few years, foreign investors have been a huge contributor to stimulating Indiana's resurgent manufacturing industry.

Renewing the Export-Import Bank charter would enable the Hoosier state to continue to expand its manufacturing sector. That component of Indiana's economy is attributed to a quarter of the state's GDP. The substantial portion that manufacturing attributes to Indiana's economic prosperity conveys the negative impact that losing foreign investment capital would have on the state.

Exporting goods also results in a higher standard of income for manufacturing employees. Companies that export manufactured goods pay their staff an average of 6 percent more than companies that only participate in domestic marketplaces. Without renewing the Export-Import Bank charter, average salaries within the Hoosier state could decline.

This issue is especially relevant as wage disparity in the Hoosier state continues to grow. Improving average incomes is imperative to maintaining active participation in a consumer-based economy. Manufacturing jobs that export goods catalyze marketplace activity, furthering the impact of a renewal of the Export-Import Bank Charter.

The instability surrounding the preservation of foreign investment capital into domestic manufacturing marketplaces highlights the need for efficient ERP. Business that utilize business software for manufacturing render themselves more capable of improving production despite the uncertainty surrounding economic stimulus provided to this industry.

Accent Software, Inc. provides manufacturers with manufacturing software systems that enable them to succeed despite the uncertain economic climate they are immersed within.