Home Ideas Economy Metro Milwaukee export growth outpaces Midwest metros for third straight quarter

Metro Milwaukee export growth outpaces Midwest metros for third straight quarter

By
Arthur Thomas
-
Trucks line up to deliver agricultural products to the privately-operated Cofco International grain elevator in the Milwaukee harbor.
Trucks line up to deliver agricultural products to the privately-operated Cofco International grain elevator in the Milwaukee harbor.

Growth in metro Milwaukee exports once again outpaced most other Midwestern metro areas in the third quarter, continuing a streak that started in the beginning of the year. Milwaukee exports were up 23.5% in the quarter to $2.18 billion. The area’s exports are now up 20.1% for the full year. Milwaukee saw 21.3% export growth

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Arthur Thomas
Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.
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Growth in metro Milwaukee exports once again outpaced most other Midwestern metro areas in the third quarter, continuing a streak that started in the beginning of the year. Milwaukee exports were up 23.5% in the quarter to $2.18 billion. The area’s exports are now up 20.1% for the full year. Milwaukee saw 21.3% export growth in the second quarter and 15.6% growth in the first quarter. In the quarter, Milwaukee had the third strongest export growth among 10 Midwestern metros tracked by the U.S. Census Bureau. Only St. Louis, up 41.7%, and Columbus, Ohio, up 27.1%, saw stronger growth. Combined, the 10 Midwest metros saw export growth of 15.8% in the third quarter and for the first nine months of the year. Year-to-date, St. Louis leads the region in export growth at 38.8%. Chicago is second at 20.4% followed by Milwaukee. Indianapolis is fourth, up 14.2%, Detroit is fifth at 13.7% and Cleveland was sixth at 11.5%. The bottom four included Peoria, up 9.7%, Minneapolis-St. Paul, up 6.1%, and Kansas City and Columbus, both up 6%.

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