The Milken Institute published a report this week examining the effects of the euro crisis on individual US states. The report ranked US states based on which ones send the most exports to the EU as a share of their total exports and GDP.
Armen Bedroussian, a Milken Institute economist, writes that even though the reliance of the United States on the EU as an export destination has waned over the years and that "at the national level the contagion effects of a EU recession on US exports appear relatively mild, the impact on some states doesn't appear as rosy."
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