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Brookings: Greater New York area leads nation in exports

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Filed: Timeline

The report quantifies for the first time the level of export production (in both goods and services) in the top 100 U.S. metro areas, along with profiles for each area showing key industry sectors for exports and growth rates.

The top five:

1. New York-Northern New Jersey-Long Island, NY-NJ-PA (led by chemicals)

2. Los Angeles-Long Beach-Santa Ana, CA (computer and electronic products)

3. Chicago-Naperville-Joliet, IL-IN-WI (machinery)

4. Houston-Sugar Land-Baytown, TX (chemicals)

5. Dallas-Fort Worth-Arlington, TX (computer and electronic products)

The study also found that four metro areas doubled the inflation-adjusted value of their exports over a five-year period from 2003 to 2008, before the downturn hit. (The Obama administration goal calls for doubling the nominal value of U.S. exports over five years from their low point in 2009.) The four areas: Houston, mostly through sales of chemicals; Wichita, Kan., through its aviation sector; Portland, from computer and electronics products; and New Orleans, from oil refining.

http://blogs.wsj.com/economics/2010/07/26/brookings-us-metro-areas-need-exports-push/

Edited by Legacy member

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Filed: Timeline

What do we export, debt obligations? :lol:

Its major export industries are Chemical Manufacturing, Financial Services, Business, Professional, and Technical Services, Tourism, and Royalties from Intellectual Property.

How the fu## do you export tourism????

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