US metros most exposed to a Trump trade shock
https://www.brookings.edu/blog/the-avenue/2017/01/27/u-s-metros-most-dependent-on-trade/
US metros most exposed to a Trump trade shock
Joseph Parilla and Mark Muro
January 30, 2017
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In terms of overall volume, the nations major regional economies lead the way. New York, Los Angeles, Houston, Chicago, Dallas, and Seattle are trading giants, each exporting more than $50 billion annually in goods and services, and together accounting for 25 percent of national exports.
And yet large cities, while certainly global hubs of trade and commerce, are not the parts of the country most reliant on exports as a driver of economic growth and jobs. Rather, export intensitymeasured as the export share of GDPis highest in smaller energy- and manufacturing-oriented metros. At the extreme end, over half of the economy in Columbus, IN is driven by exports, largely due to its machinery manufacturing cluster. Smaller production centers in the Midwest and South also join this list, along with oil and chemical exporters in Louisiana and Texas.
Among the 100 largest metro areas, the most export-dependent economies tend to be major centers of advanced industries, reflecting U.S. advantages in aerospace (Wichita and Seattle), automotive (Detroit and Youngstown), electronics (Portland, OR and Ogden, UT), and energy (Baton Rouge, New Orleans, and Houston) production. In all of these economies, exports account for at least 15 percent of GDP and tens of thousands of jobs.