Loaded import containers processed by U.S. seaports grew by an average of 20% in the fourth quarter. And export activity — which is still worrisome in terms of global economic demand — was down less than 2% over the last three months of the year. … READ MORE >
imports
CHART OF THE DAY: West Coast container activity suggests an end-of-year pause in the recovery
Import activity at West Coast ports continues to anticipate robust consumer demand despite rising prices and the first hint of a pause caused by the resurgence in the coronavirus at the end of the year. … READ MORE >
The U.S. external sector: Trade channel to support 2021 recovery
We expect the trade channel to be a major part of the 2021 growth narrative as the Biden administration mends fences with the major American trade partners, excluding China, early next year. In fact, one can already observe the stirring in animal spirits in the global economy as the nascent … … READ MORE >
Global trade recovery: Imports at seaports rise, but exports are still in shock
Activity at North American seaports picked up over the summer, showing gains for the third straight month and indicating that the nascent recovery in the economy is underway. … READ MORE >