Tag Archives: GDP

Economy Could Lose Billions in West Coast Port Shutdown, Study Says

Container Port

WASHINGTON-The U.S. economy could lose as much as $2.5 billion a day if a prolonged shutdown of West Coast container ports takes place, according to a study conducted jointly for the National Retail Federation and the National Association of Manufacturers by economists at the Interindustry Forecasting Project at the University of Maryland. Negotiations for aMore »

Retail Imports to Rise in December and for the Year

Container Port

WASHINGTON-Import volume at the nation’s major retail container ports should rise by 1.8 percent in December, meaning that the total volume for the year should be up 2.3 percent, according to the latest Global Port Tracker report from the National Retail Federation and Hackett Associates. Jonathan Gold, NRF’s vice president for supply chain and customsMore »