Detroit ranks in fifth in nation in exports

The auto industry has contributed to a positive ranking for Detroit: it is the fifth-ranking export city in the United States, demonstrating its importance to the nation's economy.

Excerpt:

Metro Detroit exported $43.3-billion worth of goods in 2006, up from $40.3 billion in 2005. During 2006, the city ranked behind only New York, Houston, Los Angeles and Seattle in the value of its exports.

"These new data underscore Detroit's important role in the global marketplace and the positive contribution trade and exports have on Detroit's economy," said Commerce Secretary Carlos Gutierrez.

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