Weak cargo figures

This is what a sluggish economy will get you. Actually, the container numbers coming out of the Ports of Los Angeles and Long Beach have been weak going back to last summer. For February, imports into Los Angeles were down 9.8 percent, while Long Beach saw a 7.6 percent drop. Exports, meanwhile, jumped 29.6 percent in L.A. and 36.1 percent in Long Beach. That’s, of course, thanks to the falling dollar. Trouble is, there are still far more containers coming in than going out. Here are the full L.A. and Long Beach reports. Economist Jack Kyser points out that the February numbers were impacted by shutdowns in Asia for New Year’s celebrations. "We wait to see what March brings," he writes in the Los Angeles County Economic Development Corp.'s weekly e-EDGE report.


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing

New at LA Observed
On the Media Page
Go to Media

On the Politics Page
Go to Politics
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
LA Observed on Twitter and Facebook