Home Ideas Economy Metro Milwaukee exports up nearly 15% in first quarter

Metro Milwaukee exports up nearly 15% in first quarter

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.

Metro Milwaukee exports increased 14.6% in the first quarter, outpacing the total for Midwest metros tracked by the U.S. Census Bureau.

Companies across Milwaukee, Waukesha, Ozaukee and Washington counties exported $2.33 billion in goods during the first three months of the year, up from $2 billion.

The bureau releases metro-level export data for select metros, including Chicago, Detroit, Minneapolis-St. Paul, Indianapolis, Cleveland, St. Louis, Kansas City, Columbus, Ohio and Peoria, Illinois. Including metro Milwaukee, that group saw an 11.6% increase in exports for the quarter.

The Midwest was the region with the most improvement for exports in the quarter. The Northeast was up 9.6%, the South increased 5.3% and the West was down 1.6%.

Milwaukee’s export total did outpace the Midwest, but the region’s growth figure was weighed down by a 5.5% decline in exports from Chicago, which accounts for nearly 30% of total for the selected metros.

Excluding Chicago, the other nine Midwest metros combined for a 20% increase.

Columbus led the way with a 51% increase, followed by Indianapolis at 39% and St. Louis at nearly 28%.

In addition to Chicago, Milwaukee only outpaced Cleveland, which was up almost 12%, and Minneapolis-St. Paul with a 5% increase.

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.
Metro Milwaukee exports increased 14.6% in the first quarter, outpacing the total for Midwest metros tracked by the U.S. Census Bureau. Companies across Milwaukee, Waukesha, Ozaukee and Washington counties exported $2.33 billion in goods during the first three months of the year, up from $2 billion. The bureau releases metro-level export data for select metros, including Chicago, Detroit, Minneapolis-St. Paul, Indianapolis, Cleveland, St. Louis, Kansas City, Columbus, Ohio and Peoria, Illinois. Including metro Milwaukee, that group saw an 11.6% increase in exports for the quarter. The Midwest was the region with the most improvement for exports in the quarter. The Northeast was up 9.6%, the South increased 5.3% and the West was down 1.6%. Milwaukee’s export total did outpace the Midwest, but the region’s growth figure was weighed down by a 5.5% decline in exports from Chicago, which accounts for nearly 30% of total for the selected metros. Excluding Chicago, the other nine Midwest metros combined for a 20% increase. Columbus led the way with a 51% increase, followed by Indianapolis at 39% and St. Louis at nearly 28%. In addition to Chicago, Milwaukee only outpaced Cleveland, which was up almost 12%, and Minneapolis-St. Paul with a 5% increase.

Stay up-to-date with our free email newsletter

Keep up with the issues, companies and people that matter most to business in the Milwaukee metro area.

By subscribing you agree to our privacy policy.

No, thank you.
Exit mobile version