Friday , September 21 2018
Home / Calculated Risk / LA area Port Traffic Increases YoY in April

LA area Port Traffic Increases YoY in April

Summary:
Container traffic gives us an idea about the volume of goods being exported and imported - and usually some hints about the trade report since LA area ports handle about 40% of the nation's container port traffic.The following graphs are for inbound and outbound traffic at the ports of Los Angeles and Long Beach in TEUs (TEUs: 20-foot equivalent units or 20-foot-long cargo container). To remove the strong seasonal component for inbound traffic, the first graph shows the rolling 12 month average. Click on graph for larger image.On a rolling 12 month basis, inbound traffic was up 0.2% compared to the rolling 12 months ending in March.   Outbound traffic was up 1.0% compared to the rolling 12 months ending in March.The 2nd graph is the monthly data (with a strong seasonal pattern for

Topics:
Bill McBride considers the following as important:

This could be interesting, too:

Bill McBride writes Earlier: Philly Fed Manufacturing Survey Suggested Faster Growth in September

Barry Ritholtz writes Jeff Bezos 1997 Interview

Gregor Samsa writes Who Is Funding The U.S. Budget Deficit?

Kathy Lien writes Stocks Hit Record Highs, Which Currencies Benefitted the Most?

Container traffic gives us an idea about the volume of goods being exported and imported - and usually some hints about the trade report since LA area ports handle about 40% of the nation's container port traffic.

The following graphs are for inbound and outbound traffic at the ports of Los Angeles and Long Beach in TEUs (TEUs: 20-foot equivalent units or 20-foot-long cargo container).

To remove the strong seasonal component for inbound traffic, the first graph shows the rolling 12 month average.

LA area Port Traffic Increases YoY in AprilClick on graph for larger image.

On a rolling 12 month basis, inbound traffic was up 0.2% compared to the rolling 12 months ending in March.   Outbound traffic was up 1.0% compared to the rolling 12 months ending in March.

The 2nd graph is the monthly data (with a strong seasonal pattern for imports).

LA area Port Traffic Increases YoY in AprilUsually imports peak in the July to October period as retailers import goods for the Christmas holiday, and then decline sharply and bottom in February or March depending on the timing of the Chinese New Year.

In general imports have been increasing, and exports are mostly moving sideways recently.
Bill McBride
A full time blogger, Mr. McBride retired as a senior executive from a small public company in the '90s. Mr. McBride holds an MBA from the University of California, Irvine, and has a background in management, finance and economics.

Leave a Reply

Your email address will not be published. Required fields are marked *