by Calculated Threat on 11/20/2024 02:33:00 PM
Container site visitors offers us an thought in regards to the quantity of products being exported and imported – and often some hints in regards to the commerce report since LA space ports deal with about 40% of the nation’s container port site visitors.
The next graphs are for inbound and outbound site visitors on the ports of Los Angeles and Lengthy Seaside in TEUs (TEUs: 20-foot equal models or 20-foot-long cargo container).
To take away the sturdy seasonal element for inbound site visitors, the primary graph reveals the rolling 12-month common.
Click on on graph for bigger picture.
On a rolling 12-month foundation, inbound site visitors elevated 2.2% in October in comparison with the rolling 12 months ending in August. Outbound site visitors elevated 0.9% in comparison with the rolling 12 months ending the earlier month.
Often imports peak within the July to October interval as retailers import items for the Christmas vacation after which decline sharply and backside within the Winter relying on the timing of the Chinese language New Yr.
Imports had been up 29% YoY in October, and exports had been up 11% YoY.
This was a really sturdy July by way of October interval for imports as retailers put together for vacation purchasing – and more likely to stockpile items previous to the rise in tariffs.
