Trade Data and Los Angeles Ports

Jim sends in a notice on the LA ports,

"A shortage of transportation equipment and possible labor disruptions at the Los Angeles/Long Beach port complex, the nation's busiest, is delaying shipping containers for up to three weeks, threatening timely delivery to retailers for the holiday season."

and then there is this, giving some background -

Consider that imports final sales are added to GDP usually several months after import – while the import cost itself is subtracted from GDP in the month of import. Export final sales occur around the date of export. Container counts do not include bulk commodities such as oil or autos (which, of course, are bulk and not shipped in containers).

Honor labor.

Feel free to forward this by email to three of your friends.

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