by Calculated Danger on 12/23/2024 01:11:00 PM
Container site visitors offers us an concept concerning the quantity of products being exported and imported – and normally 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 models 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 1.5% in November in comparison with the rolling 12 months ending in October. Outbound site visitors elevated 0.8% 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 12 months.
Imports have been up 20% YoY in November, and exports have been up 10% YoY.
This was a really robust July via November interval for imports as retailers ready for vacation procuring – and more likely to stockpile items previous to the rise in tariffs.
