Retail Imports Forecast Paints Grim Picture for Spring and Summer
March retail imports came in ahead of estimates, but were still down 14.8% year-over-year to 1.37 million Twenty-Foot Equivalent Units, according to the NRF’s Port Tracker. The forecast for this spring and summer predicts double-digit year-over-year declines as the economic impact of the coronavirus pandemic continues. The estimate for April imports was also better than forecast, down 13.4% at ... Log in to view full article.