EconoMeter: Will exports create more jobs?
Exports climbed 27 percent to Mexico in 2010 and look to continue growing next year
Roger Showley, SAN DIEGO UNION-TRIBUNE
Sunday, December 11, 2011
Kelly Cunningham, National University System
As a share of San Diego’s total economy, nearly 10 percent of everything produced within the region is exported, directly sustaining 120,000 local jobs. Most of San Diego’s international trade involves Mexico. The upswing of cross-border traffic benefits both sides of the border with 87 percent of merchandise passing through the San Diego customs district going or coming from Mexico. This does not represent all international business conducted in the region, as billions more dollars of international services and financing transactions are also performed. These multiple export industry clusters support significant and well-paying jobs for many San Diegans.