Manufactured exports in the state of Minnesota increased to $4.2 billion during the first quarter
Minnesota manufactured exports increased to $4.2 billion in the first quarter of 2008, which was 8.5% higher than the same period a year ago.
Minnesota manufactured exports increased to $4.2 billion in the first quarter of 2008, which was 8.5% higher than the same period a year ago. The Minnesota Dept. of Employment and Economic Development (DEED) reportedand in nine of our top 10 manufacturing sectors during the quarter.” Canada, Minnesota's largest trading partner, posted the biggest value gain in the quarter, increasing its purchases of state manufactured goods by $255 million, up 27.3% from a year ago, to $1.2 billion. Minnesota’sother top export customers during the quarter were China ($287 million), Japan ($211 million), Germany ($184 million) and the United Kingdom ($177 million). Computers and electronics was the state’s largest export category in the quarter, accounting for about $1 billion in sales, an increaseof 6.6 percent from a year ago. U.S. manufactured exports grew 14.3% in the first quarter, with the largest gains coming from the petroleum, chemicals and primary metals products industries.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey