California exports rise for second straight month

AP News
Posted: Dec 10, 2009 2:56 PM

Exports from California, a key measure of the state's economic health, have increased for the second straight month.

Jock O'Connell, international trade adviser at the University of California Center Sacramento, says October exports gained 7 percent from September even as they remained below last year's figure.

The $11 billion in exports is 11 percent less than the value of goods the state shipped abroad in October 2008.

It represented California's lowest exports for October since 2005 and the 12th consecutive month exports fell below the level of the previous year.

Nevertheless, the center's analysis of trade data released Thursday by the U.S. Commerce Department shows the overall trend is improving. Monthly trade figures earlier this year were down as much as 25 percent from the same month in 2008.