Monday, April 16, 2012

Port Traffic Bounces Back

Before you get out the party hats, some perspective is probably in order. Last month was very bad. So on that note, here's the fresh data.

Click to enlarge.

Note how far away from the exponential trend line we are. There is no hope of getting back to it.

Click to enlarge.

On the one hand, exports are looking good.

Click to enlarge.

On the other hand, look at the collapse in total port traffic relative to the trend.

And on that third hand, we continue to ship one loaded container for every two loaded containers we receive. So how good can exports really be? Over the long-term, this can't end well.

See Also:
Calculated Risk: LA area Port Traffic increases in March, Exports hit new record

Source Data:
Port of Long Beach: Statistics
Port of Los Angeles: Statistics
The X-12-ARIMA Seasonal Adjustment Program

No comments: