CALIFORNIA BUSINESS MINUTE Cyber California 10-21-09
Hi, I am Tim Johnson and welcome to the California Business Minute.
When it comes to exporting high-tech goods, California was the leading high-tech export state with $49.3 billion in exports in 2008.
This factoid is just some of the more interesting results from the third annual Trade in the Cyberstates report by the TechAmerica trade association, formerly the American Electronics Association.
The report also found that:
• The nation’s leading cyberstates by high-tech exports in 2008 were California, Texas, Florida, Massachusetts, and New York. Massachusetts jumped over New York to claim the fourth place spot
• While California was the leading high-tech export state with $49.3 billion in exports in 2008, it was down almost six percent or $3.0 billion from 2007
• California was the leading exporter of computers and peripheral equipment, consumer electronics, semiconductors, industrial electronics, electromedical equipment, and photonics
• Texas however was the leading exporter of communications equipment and electronic components
• Tennessee was the second largest exporter of electromedical equipment, after California, and Florida was the second largest exporter of photonics, after California as well
The report is a partner to TechAmerica Foundation's annual flagship publications, Cyberstates and Cybercities, which examine the high-tech industry in the national, state, and metropolitan areas.
I am Tim Johnson and this has been the California Business Minute.
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