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Imports begin seasonal decline

Import cargo volume at the nation’s retail container port is starting to decline for the fall, according to reports from Global Port Tracker, a publication created by Hackett Associates for the National Retail Federation. Most of the holiday season merchandise has already come in, and November is forecast at 1.9 percent lower than last year,… Continue Reading Imports begin seasonal decline

Getting trade basics and numbers wrong

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Why do so many (most?) business reporters and television talking heads, along with a boatload of economists, get the story dead wrong on trade? Whenever the latest U.S. trade numbers — i.e., exports, imports and the trade balance — are released, if imports are up and the trade deficit expands, a cacophony of voices spout… Continue Reading Getting trade basics and numbers wrong

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