California exports are strong
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SACRAMENTO -- California’s exports are booming.
In November alone, the Golden State shipped merchandise worth $15.2 billion, a 14% jump over exports in the same month in 2012, according to an analysis of U.S. Department of Commerce numbers by Beacon Economics of Los Angeles.
That increase is more than twice the rate chalked up for U.S. exports nationally, 5.9%.
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Manufactured goods rose by 16.8% to $9.63 billion to lead the November numbers, Beacon reported. Non-manufactured products, primarily agricultural products and raw materials, were up 25% to $2.5 billion, compared with November 2012.
“After a sputtering start to the year, California’s exporters are finishing 2013 with a remarkably strong surge,” said Jock O’Connell, Beacon’s international trade specialist.
During the September-November period, Mexico was California’s biggest export market, followed by Canada, China and Japan, Beacon reported.
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