California’s merchandise export trade continued its hot start to the year, with an 11 percent year-over-year gain in February, according to Beacon Economics.
The Los Angeles-based research and consulting firm said California businesses shipped merchandise valued at $13.46 billion in February, up from $12.13 billion in February 2016.
An 11 percent annual gain also was reported in January.
“The numbers continue to defy conventional expectations that a strong dollar would discourage exports,” said Jock O’Connell, Beacon’s international trade adviser.
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