As US demand for Chinese produced goods dampens, the shipping costs for containers of goods from China to the US reaches a low not seen since 2020.
Read More
Port of Los Angeles announces a key $20 million federal grant to speed containers onto rail traffic and then out into the regional and national supply chain.
Read More
Housing affordability, mortgage rates and a number of economic factors helped drive home sales to their lowest level in 5 years in July 2022 according to the Census Bureau.
Read More
In July, American manufacturers and employers faced wholesale price inflation that continues to be among the highest in the world. This problem which has been persistent since early 2021 may last for the next 18 months or longer according to forecasts.
Read More
New York Federal Reserve Bank identifies that national economic activity has continued to recede in line with the first quarter of this year through at least the third week of July. The more complete data on second quarter GDP will be released July 28.
Read More
Delays in the Supply Chain Are Developing Inland from Ports due to a lack of rail, highway, and logistics infrastructure according to Bloomberg.
Read More
Richmond Federal Reserve Bank finds that rate of growth in manufacturing activity has continued to contract over the last six months and now is in full contraction in line with other bear market and potentially recessionary signs.
Read More
Manufacturing and General Business Activity reaches recessionary territory with steep double digit drops in Texas and the surrounding region according to the Dallas Federal Reserve Bank.
Read More