U.S. Containerized Imports Down 1.5 Percent For August, Eastbound Trans-Pacific Trade Fell 3.8 percent
A troubled housing market led to a 1.5 percent year-over-year drop in U.S. containerized imports for August, as shipments of furniture, appliances and home goods fell, according to The Journal of Commerce/PIERS, a sign that demand in the U.S. is weakening heading into the fall. Compared to the previous month, overall imports rose 7.9 percent, [...]