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Export History From Washington State Input-Output Models Bill Beyers Geography – UW March 5, 2013 The Economic Base Trade to other regions fuels overall job levels in the Washington State economy The historical series of input-models provides a set of snapshots of how the level and composition of the state economic base has changed over time Three export markets are tracked in these models: federal government, exports to the rest of the United States, and foreign exports Notes on these graphs Data for the following graphs come from the 8 Washington input-output models These models are largely based on survey data The models have been aggregated in a common sectoring scheme in constant $, to control for changing industry definitions and inflation that varies by sector Underlying data is available at a 25-sector level, aggregated here in most cases to 10 sectors for clarity Changing Export Markets U.S. export markets are consistently 60% of total exports; federal markets have clearly fallen, while foreign markets have grown Exports By Sector Composition of Exports Exports by Market Type The next slides report export levels and sector mix by market type Federal government exports have declined as a share of the total, but in constant $1972 have risen from $1.8 billion in 1963 to $3.8 billion in 2007 Exports to the rest of the United States remain the largest market for Washington industries, rising from $4 to $35 billion in constant $1972 Foreign exports have grown over time, basically replacing the federal government as an export market. In constant $1972 foreign exports have risen from $0.6 billion to $21 billion Federal Export Share by Sector A huge drop in aerospace, a rise in services. Other mfg. has seen a change in the role Of Hanford (mostly now in services) and Bremerton Naval Yard (in other mfg.) Federal Exports in Constant $1972 Exports to the Rest of the U.S. Goods production shrinks from about 88% in 1963 to about 52% in 2007, with a clear Rise in t
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