California Business Minute™

The California Redevelopment Association, (CRA) provides legislative
advocacy, professional development and public education.  In support
of its members it responds to legislative proposals and administrative
regulations.

For further information, contact us www.calredevelop.org or at 916-448-8760

Hi, I am Tim Johnson and welcome to the California Business Minute.

The Nation’s international trade deficit in goods and services increased to $46.3
billion in January 2011 up from $40.3 billion (revised) in December, as imports
increased more than exports.
Nationally, January exports of goods and services were $167.7 billion, (exports of
goods were $120.5 billion) and (exports of services were $47.2 billion) this was
the highest on record.  January imports of goods and services were $214.1 billion
and were the highest since August 2008 ($224.3 billion).

California’s exports were $11.7 billion for January of which $7.6 billion were in
manufactured goods, $1.4 billion were for non-manufactured goods and $2.7 billion
were re-exports. Imports into the state were $25.7 billion.  Manufactured products
accounted for $22.5 in manufactured goods and $3.1 billion in non-manufactured goods.
California’s trade deficit increased by $300 million up from December 2010.

I am Tim Johnson and this has been the California Business Minute.