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Article Date: May 2020
Word Count: 651

Imports Fell Across the Board in Q1


The value of U.S. sporting goods imports dropped 13.4% in the first quarter of 2020 to $4,624.2 million compared to $5,338.8 million prior, as the impact of the Covid-19 pandemic accelerated declines we saw in the final quarter last year. The declines were broad-based, with every category we track falling sharply. Athletic footwear imports declined 11.9%, apparel imports decreased by 13.2%, and equipment imports tumbled 14.3% with every sub-category except golf off double-digits. This quarter is certainly an anomaly, and the data paints an interesting picture of how the pandemic affected industry supply chains, but it’s unlikely that these numbers ... Log in to view full article.

 


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