by Calculated Danger on 11/20/2024 02:33:00 PM
Container site visitors provides us an thought concerning the quantity of products being exported and imported – and often some hints concerning 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 items or 20-foot-long cargo container).
To take away the robust seasonal part for inbound site visitors, the primary graph exhibits 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.
Normally 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 12 months.
Imports had been up 29% YoY in October, and exports had been up 11% YoY.
This was a really robust July by October interval for imports as retailers put together for vacation purchasing – and prone to stockpile items previous to the rise in tariffs.
