Ports still slow

September container traffic coming into the ports of Los Angeles and Long Beach shows little sign of any pickup - really just a continuation of a year-long pattern of declines. With consumers not anxious to spend, retailers have been careful about ordering for the holiday season. There are some signs of a tech revival (witness Intel's earnings report this week), so it will be worth keeping an eye on inbound traffic over the coming months. For now, the Port of L.A. saw overall traffic fall 15.8 percent from September 2008, and Long Beach saw a 20.6 percent drop. The only reasonably encouraging stat was outbound cargo from the Port of L.A., which only fell 2.2 percent. That would affirm a recent pickup in export activity, perhaps the result of the falling dollar. But outbound traffic out of Long Beach was down a hefty 15.7 percent in September, so I wouldn't pin my hopes on exports.

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
Previous story: Jump in L.A. jobless

Next story: 'Ruthie in Wonderland'

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

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