What downturn? US imports still rising, highest since boom

chart of imports volumes

American consumers just keep on spending — and the volume of containerized imports keeps on rising. October import numbers released Tuesday by Descartes came in exceptionally strong.

The U.S. imported 2,307,918 twenty-foot equivalent units of containerized goods last month, according to Descartes Systems Group (NASDAQ: DSGX), which obtains its data from customs filings. That’s up 3.9% year on year and 4.7% compared to September.  

(Chart: Descartes. Data: Descartes Datamyne)

Imports have surged...

https://www.freightwaves.com/news/what-downturn-us-imports-still-rising-highest-since-boom

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