By Mark Glover
Published: Wednesday, Jul. 3, 2013 – 11:41 am
A dip in shipments of manufactured items pushed California exports down in May, compared with the year-ago period.
In-state businesses shipped merchandise valued at $13.25 billion in May, down about 4.5 percent from $13.88 billion in May 2012, according to an analysis of today’s U.S. Commerce Department figures by Beacon Economics, a consulting firm with offices in the Bay Area and Los Angeles.
May’s export total ran slightly ahead $13.07 billion reported in April.
State exports of manufactured items fell from $9.18 billion in May last year to $8.56 billion this year.
Year over year, exports of non-manufactured goods (chiefly agricultural produce and raw materials) rose from $1.7 billion to $1.78 billion, but re-exports declined from $3 billion to $2.91 billion.
On the import side, California took in $32.29 billion in May, up about 0.25 percent from $32.21 billion in May last year.
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