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Article Date: September 2020
Word Count: 144

Retail Imports Trounce Forecast in July


Retail imports dropped just 2.3% to 1.92 million Twenty-Foot Equivalent Units in July, up 19.3% from June and handily exceeding the forecast, according to the NRF’s Port Tracker. Retailers are more confident as the economy shows signs of recovery and are stocking up for Holiday, the NRF opined. The estimate for August imports was revised higher to 2.06 million TEU, a 6.0% increase from last year. September is now forecast to improve ... Log in to view full article.

 


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