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Unemployment Chart

The Employment Situation – November 2017

Source: Bureau of Labor Statistics

Total nonfarm payroll employment increased by 228,000 in November, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today.
Employment continued to trend up in professional and business services, manufacturing,  and health care. 

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November 2017 Manufacturing ISM Report

November 2017 Manufacturing ISM Report on Business

Source: Institute for Supply Management

Economic activity in the manufacturing sector expanded in November, and the overall economy grew for the 102nd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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All Carrier Booking Requests For Cargo Destined to the U.S. Must Include A Six Digit HTS#

US CBP issued new requirements governing the movement of cargo in-bond from the Port of Discharge to an Inland Port for Customs Clearance or Export.   These new requirements are effective November 27, 2017.  Full enforcement of the new rules will begin February 24, 2018.  The most important change for MIQ origins is that CBP now requires the six-digit HTSUS number on ocean cargo consigned to inland points.

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US Economic Snapshot November 2017

U.S. Economic Snapshot – November 2017

“The US LEI increased sharply in October, as the impact of the hurricanes dissipated,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “The growth of the LEI, coupled with widespread strengths among its components, suggests that solid growth in the US economy will continue through the holiday season and into the new year.”

Source: The Conference Board

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US Cargo Import Volume November 2017

Imports Level Off But ‘Warehouses Are Full’ As Retailers Enter Holiday Season

Source: National Retail Federation

After months of record-setting volume as retailers stocked up for a busy holiday season, imports at the nation’s major container ports should be essentially flat this month compared with the same time last year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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USITC Announces Remedy Recommendations In Solar Cell Investigation

The United States International Trade Commission (USITC) on October 31 announced the remedy recommendations that it will forward to the President in its global safeguard investigation regarding imports of crystalline silicon photovoltaic cells (whether or not partially or fully assembled into other products).

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U.S. Unemployment MIQ Logistics

The Employment Situation – October 2017

Source: Bureau of Labor Statistics

Total nonfarm payroll employment rose by 261,000 in October, and the unemployment rate edged down to 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment in food services and drinking places increased sharply, mostly offsetting a decline in September that largely reflected the impact of Hurricanes Irma and Harvey. In October, job gains also occurred in professional and business services, manufacturing, and health care.

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October 2017 Manufacturing ISM Report

October 2017 Manufacturing ISM Report on Business

Source: Institute for Supply Management

Economic activity in the manufacturing sector expanded in October, and the overall economy grew for the 101st consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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US Economic Snapshot

U.S. Economic Snapshot – October 2017

“The US LEI declined slightly in September for the first time in the last twelve months, partly a result of the temporary impact of the recent hurricanes,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “The source of weakness was concentrated in labor markets and residential construction, while the majority of the LEI components continued to contribute positively. Despite September’s decline, the trend in the US LEI remains consistent with continuing solid growth in the US economy for the second half of the year.”                                                                                    The Conference Board

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NRF Imports

Imports Set A Second Record High As Retailers Prepare For Busy Holiday Season

Source: National Retail Federation
Imports set a second all-time monthly record high this summer as retailers brought in merchandise for the busy holiday season, and are continuing at unusually high levels this month, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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