State exports start 2017 on a high note

California’s merchandise export trade started 2017 with an exceptionally strong showing, according to Beacon Economics.

Beacon said California businesses shipped merchandise valued at $13.27 billion in January, up nearly 11 percent over $11.96 billion reported in January 2016.

Beacon’s analysis, based on U.S. trade statistics released by the U.S. Census Bureau, said state exports of manufactured goods rose nearly 10.5 percent year-over-year, to $8.64 billion from $7.83 billion. Exports of non-manufactured goods – chiefly agricultural products and raw materials – soared almost 25 percent, to $1.59 billion from $1.28 billion.

This story was originally published March 8, 2017 at 9:54 AM with the headline "State exports start 2017 on a high note."