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Actionable Economics (April 2016)

Monthly San Diego Snapshot, International Trade, Energy

Kelly Cunningham, NATIONAL UNIVERSITY SYSTEM INSTITUTE FOR POLICY RESEARCH

Wednesday, April 20, 2016

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San Diego International Trade
In 2014, San Diego set another record as international trade rising to the highest value ever locally recorded. Trade dollars reached nearly $55 billion in 2014, an 8.5 percent increase over 2013. By comparison, San Diego’s total 2014 economy, as measured by gross domestic product (GDP), increased only 3.3percent. percent.

Energy
On a per-kilowatt basis, San Diego’s energy costs are among the highest in the nation. This is true whether we compare San Diego to other California communities, or we cast a broader net for all three main classes of customers (residential, industrial and commercial).