After growing 146 in 2010 to a total of 67 billion

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Unformatted text preview: andise and commodities exports have continued to recover from the sharp decline in 2009. After growing 14.6% in 2010, to a total of $6.7 billion, state exports are expected to climb another 10% in 2011. Even though exports of Colorado products are up 12.1% in 2011 through August year-over-year, lower demand from European countries as a result of the debt crisis is anticipated to slow export growth through the remainder of the year. Exports to the eurozone made up 16% of total Colorado exports in 2010. Colorado’s export growth rate is not as strong as the national rate of 17.7% for the first eight months of 2011. Colorado ranks 37th among U.S. states in dollar value of merchandise and commodities exports. Services, which make up a large proportion of Colorado’s economy, are not reflected in this ranking. Canada and Mexico maintained their positions as the top two export markets for Colorado in the first eight months of 2011. Exports to Canada decreased for the third year in a row, with a 9%...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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