World trade continues to be strong here, economist reports. (Los Angeles area foreign trade)

World Trade Continues To Be Strong Here, Economist Reports

The Los Angeles Customs District chalked up a 12.7 percent increase in the value of two-way trade in 1989, to a total of $101.4 billion, according to a study done by Chamber economist Jack Kyser. And, this was the third year in a row of double-digit growth, with much of the impetus coming in the export sector.

The economist also reported that between 1980 and 1989, the Los Angeles District recorded the largest numerical increase in trade value, $66.6 billion, compared to the other top ranking cities in the nation.

The above statistics prove that "World Trade `90," a month long series of events …