Journal of Commerce--U.S. containerized imports dropped by 1.7 percent in June from the same month last year after rising 5.5 percent in May.
Imports during the month totaled to 1,442,958 20-foot equivalent units as struggles in the U.S. housing market continue to stifle imports of key household-related goods, according to Mario O. Moreno, chief economist of The Journal of Commerce and its sister-company PIERS. Imports are still up for the year-to-date through June, however, registering a positive 6.3 percent gain.
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Imports during the month totaled to 1,442,958 20-foot equivalent units as struggles in the U.S. housing market continue to stifle imports of key household-related goods, according to Mario O. Moreno, chief economist of The Journal of Commerce and its sister-company PIERS. Imports are still up for the year-to-date through June, however, registering a positive 6.3 percent gain.
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