Imports at the nation’s major retail container ports are expected to increase 4.6% during the first half of 2017 over the same period last year as the nation’s economy improves and retail sales continue to grow, according to the monthly Global Port Tracker report produced by the National Retail Federation and consulting firm Hackett Associates.
“This is very much in line with what we are forecasting for retail sales and consumer spending this year,” says Jonathan Gold, NRF’s vice president for supply chain and customs policy. “Retailers try to balance inventories very carefully with demand. So, when retailers import more merchandise, that’s a pretty good indicator of what they are expecting to happen with sales.”
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