Regional and state export data show mixed results

State-level export data is out for October, which highlights a 17.5% increase in Washington state exports from September – October 2019. That said, October numbers are significantly below export values for the same time last year. When looking at the MSA-level, Greater Seattle exports totaled over $9.5 billion in Q2 2019, a 21% decrease from the previous quarter.    

State and regional highlights include:

Washington state (October 2019)

Washington state exports in October totaled nearly 4.88 billion, bringing the year to date total to just over $49.2 billion, ranking Washington state 6^th in the US.

• 17.5% increase in state exports (September – October 2019)  
• -20.5% decline in state exports compared to October 2018 

Greater Seattle (Q2 2019)

Greater Seattle merchandise exports totaled over $9.577 in Q2 2019, ranking the region 6^th in the US.

• -21%  Decline from Q1 2019
• -34.5% Decline from Q2 2018

Regional Dashboard

Check out GSP’s Regional Dashboard to see how Greater Seattle compares to other US regions in areas related to the economy, workforce, affordability, inclusivity and more.

Upcoming Data Releases

December 12:

• Local Area GDP, 2018
• Bureau of Economic Analysis

December 20:           

• Local Area Unemployment Statistics
• State employment / Unemployment for November 2019
• Bureau of Labor Statistics

January 3:                 

• Local Area Unemployment Statistics
• MSA employment / unemployment for November 2019
• Bureau of Labor Statistics