facebook
twitter
rss
account
search
search
 

Import figures solid despite government shutdown

Nov. 12, 2013 at 11:29 AM   |   Comments

WASHINGTON, Nov. 12 (UPI) -- The National Retail Federation said Tuesday that imports at U.S. ports rose 6.5 percent in October compared to October 2012, despite the government shut down.

Retailers placed orders well in advance of October and U.S. Customs and Border Protection inspectors were kept on the job, while other federal workers were furloughed, the NRF said.

"Cargo arriving at the ports in October and for most of the rest of the year was ordered long before anyone ever heard of a shutdown," said NRF vice president for supply chain and customs policy Jonathan Gold.

"The question at this point isn't how much merchandise arrived but how much consumers bought and how they are going to react as economic talks continue in Washington," Gold said in a statement.

The trade group predicted in early October that this year's holiday sales would grow 3.9 percent over the same period of 2012, climbing to a total of $602.1 billion.

Part of that estimate is based on the volume of retail containers coming into U.S. ports.

NRF said the bulk of imported holiday sales items arrive in August, September and October. This year, 4.35 million cargo containers were handled at U.S. ports in those three months, which is a 4.3 percent increase over August through October in 2012.

Import figures were provided by the monthly Global Port Tracker report released by the NRF and Hackett Associates, the trade group said.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Some iPhone users getting checks for liquid damage Some iPhone users getting checks for liquid damage
2
Boeing announces job relocations, business unit consolidation Boeing announces job relocations, business unit consolidation
3
Outrage over FERC decision on LNG exports Outrage over FERC decision on LNG exports
4
Coca-Cola company, other soda makers, pledge to cut calories Coca-Cola company, other soda makers, pledge to cut calories
5
Thailand requests FMS sale of Lakota helicopters Thailand requests FMS sale of Lakota helicopters
Trending News
x
Feedback