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EconoMeter: Panelists see little immediate impact from Japan's woes


Sunday, March 20, 2011

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Kelly Cunningham, National University System
No, not significantly.
There will probably be some indirect impacts, and some direct with major Japanese employers in San Diego, including Sony, Sanyo, and Kyocera. Japan is San Diego’s second largest trade partner (far behind Mexico) primarily because of the large number of motor vehicles transported through the port of San Diego. San Diego exports to Japan, however, are relatively minor. Military personnel based in San Diego are already involved and other rescue and rebuilding efforts may involve local businesses, but Japan will likely rebuild and recover faster than most after such a devastating catastrophe.