Retail Imports Continue to Grow as Economy Expands
Imports at the nation’s major retail container ports should continue to see strong increases throughout the spring and summer as the nation’s economy improves, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates.
“Consumers are spending more, and these import numbers show that retailers expect that to continue for a significant period,” said Jonathan Gold, NRF vice president for supply chain and customs policy. “This is a clear sign that the economy has long-term momentum regardless of month-to-month fluctuations. Whether it’s merchandise for store shelves or parts for U.S. factories, imports play a vital role in American prosperity.”