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Recent Trends in Exports of California’s Information Technology Products: A Reprint from “California Economic Policy”
Jon D. Haveman (au); Howard J. Shatz (au)
Calif’s. info. tech. (IT) industry is both the state’s leading manufacturing sector & its leading export sector. Exports from this sector grew rapidly between 1997 & 2000 but then declined for both the state & the U.S. through 2003 -- in Calif’s. case, a decline of $25 billion, or 42%, from the 2000 peak. This report documents the changing pattern of Calif’s. manufactured IT exports during the recent boom & bust period. Much of the drop between 2000 & 2003 stemmed from lower purchases of Calif. commodities worldwide, but declining prices for commodities exported from Calif. also contributed. The vast majority of the steep drop-off in California’s share of the U.S. total stemmed from a redirection of purchases away from Calif. to other states. Illus.
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