The federal government shutdown postponed Tuesday’s scheduled report of California export trade in August.
Usually, California’s trade numbers are broken out of the monthly U.S. Commerce Department’s export/import trade report by the consulting/economic analysis firm of Beacon Economics.
However, the shutdown has rendered the federal department all but immobile. With no federal figures to work with, Beacon had nothing to release on California trade. The value of shipments shipped out of California each month is considered a key economic indicator.
Officials said they had no idea when the August numbers might be released.
California businesses shipped merchandise valued at $13.98 billion in July, up 6.8 percent from $13.09 billion in July 2012. Through the first half of this year, California’s $80.92 billion in export trade fell short of $81.97 billion recorded in the first six months of 2012.
Call The Bee’s Mark Glover, (916) 321-1184.