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|Friday, February 01, 2008|
STATEWIDE There’s a basic rule of thumb when it comes to U.S. industries and a weak dollar: Exporters benefit (their goods are cheaper for other countries to buy), and importers suffer (they pay more for foreign goods).
Some of the state’s top export industries are riding high. Agriculture products, which make up 10% of the state’s exports, are doing extremely well, says Department of Agriculture spokesperson Bruce Pokarney. “We ship about 40% to the international market. It’s very significant,” he says. The metals and software industries are also strong, according to anecdotal accounts by industry groups.
But exports by the computer and electronic product industries — 40% of the state’s exports — are flat, says state economist Tom Potiowsky. Forest products and transportation manufacturing exporters aren’t benefiting either.
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