03/29/2024

California export trade finished 2016 with a sprint

California merchandise exports closed out a strong second half of last year with an exceptional December, pushing the state’s 2016 total to nearly $164 billion.

Golden State businesses shipped merchandise valued at $14.04 billion in December, up 9.3 percent from $12.85 billion in December 2015, according to Tuesday’s report by Beacon Economics, a consulting firm with offices in the Bay Area and Los Angeles. Beacon breaks down California’s export totals from U.S. Census Bureau figures.

For all of 2016, Beacon said California shipped $163.62 billion in goods abroad, just a 1 percent dip from $165.37 billion amassed in 2015.

View Article
Slow website