California exports in November rise over same period last year, showing signs of economic life
By APTuesday, January 12, 2010
California exports in November rise over year ago
SACRAMENTO, Calif. — California’s export economy showed faint signs of life in November as the value of shipped goods increased from the same month a year ago.
Jock O’Connell, international trade adviser at the University of California Center Sacramento, says the $200 million increase over November 2008 is a slight gain. That holds even after the $10.9 billion in exports is adjusted for inflation.
It was the first time since October 2008 that exports climbed over the previous year. Exports from the Port of Oakland are growing faster than exports from the ports of Los Angeles and Long Beach.
The state data are mixed, however, with November 2009 exports down 1.2 percent over the previous month. The center’s analysis, released Tuesday, was based on figures from the U.S. Commerce Department.
Tags: California, International Trade, North America, Sacramento, United States