Home Ideas Economy Metro Milwaukee exports down slightly in Q1

Metro Milwaukee exports down slightly in Q1

Trucks line up to deliver agricultural products to the privately-operated Cofco International grain elevator in the Milwaukee harbor.
Trucks line up to deliver agricultural products to the privately-operated Cofco International grain elevator in the Milwaukee harbor.

Exports from metro Milwaukee were down 3% in the first quarter compared to the same time in 2023, according to new data from the U.S. Census Bureau.

Metro exports for the quarter totaled about $2.26 billion, down from roughly $2.33 billion to start 2023.

For the entire state, exports were down about 3.7% in the quarter, suggesting exports from outside Milwaukee, Waukesha, Ozaukee and Washington counties were down 4.1%.

Milwaukee’s performance ranked in the bottom half of 10 Midwestern metros tracked by the Census Bureau.

Indianapolis led the way with a 35% year-over-year increase to almost $6.7 billion. Peoria, Illinois also saw a strong increase of almost 21% to $1.35 billion.

Other gaining metro areas included St. Louis, up 4.2%, and Cleveland, up 0.3%.

Chicago, Kansas City and Minneapolis-St. Paul all saw decreases year-over-year, but each performed better than metro Milwaukee in the quarter.

Detroit, down 12%, and Columbus, Ohio, down 12.6%, were the only Midwest metros behind Milwaukee.

As a group, the 10 Midwest metros saw exports increase 0.4% to $51.1 billion.

Nationally, exports were up 0.1% in the quarter. Southern metros led the way with a combined 2.4% increase. The northeast was down 2.9% and the west was down 5%.

Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.
Exports from metro Milwaukee were down 3% in the first quarter compared to the same time in 2023, according to new data from the U.S. Census Bureau. Metro exports for the quarter totaled about $2.26 billion, down from roughly $2.33 billion to start 2023. For the entire state, exports were down about 3.7% in the quarter, suggesting exports from outside Milwaukee, Waukesha, Ozaukee and Washington counties were down 4.1%. Milwaukee’s performance ranked in the bottom half of 10 Midwestern metros tracked by the Census Bureau. Indianapolis led the way with a 35% year-over-year increase to almost $6.7 billion. Peoria, Illinois also saw a strong increase of almost 21% to $1.35 billion. Other gaining metro areas included St. Louis, up 4.2%, and Cleveland, up 0.3%. Chicago, Kansas City and Minneapolis-St. Paul all saw decreases year-over-year, but each performed better than metro Milwaukee in the quarter. Detroit, down 12%, and Columbus, Ohio, down 12.6%, were the only Midwest metros behind Milwaukee. As a group, the 10 Midwest metros saw exports increase 0.4% to $51.1 billion. Nationally, exports were up 0.1% in the quarter. Southern metros led the way with a combined 2.4% increase. The northeast was down 2.9% and the west was down 5%.

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