by Calculated Danger on 6/17/2024 10:57:00 AM
Container site visitors provides us an concept 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 Seashore in TEUs (TEUs: 20-foot equal models or 20-foot-long cargo container).
To take away the robust 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 decreased 0.4% in Could in comparison with the rolling 12 months ending in April. Outbound site visitors decreased 0.1% 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 down 5% YoY in Could, and exports had been down 1% YoY.
Basically, it seems port site visitors is returning to the pre-pandemic patterns.
