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Page 21 of 21 pages.
Port Tracker report calls for volume pickup later this summer
Port Tracker is calling for first half 2011 volumes to be up 7.2 percent, just ahead of last month’s 7.1 percent projection. This would be 5 percent better than the first half of 2010. In 2010, the report said there was a total of 14.7 million TEU moved—a 16 percent gain over 2009, which was largely achieved due to 2009’s 12.7 million TEU serving as the lowest annual tally since 2003.

May retail sales show flat growth, say Commerce and NRF
As mounting evidence indicates that slow economic growth is prevalent, retail sales numbers released today were essentially flat in May compared to April and were up on an annual basis, according to data from the United States Department of Commerce and the National Retail Federation (NRF).

April retail sales show modest growth, according to Commerce and NRF data
April retail sales, which include non-general merchandise like automobiles, gasoline, and restaurants, were $389.4 billion for a 0.5 percent increase from March and a 7.6 percent increase compared to April 2010, according to Commerce data. Commerce said that total retail sales from February through April were up 8.1 percent annually.

Business news: NRF calls for 2.3% gain in holiday sales
Recent projections from the National Retail Federation indicate that 2010 holiday retail sales will hit $447.1 billion.

Materials handling business: May retail sales show a slight decline
Unlike the previous two months, retail sales growth momentum saw a dip from April to May but saw slight year-over-year increases, according to data released by the United States Department of Commerce and the National Retail Federation.

Materials handling business: Commerce Department reports increases in durable goods new orders
In another sign that the United States economy is gradually recovering, the Commerce Department reported last week that new orders for manufactured durable goods in April were up 2.9 percent from March to $193.9 billion and were up 16.8 percent year-over-year. This marks the fourth time in the last five months new orders were up.

Materials handling business: April retail sales continue upward trend
Keeping in line with retail sales growth from February to March, the United States Department of Commerce and the National Retail Federation recently reported retail sales were up again from March to April.

February retail numbers up slightly from January
A full economic recovery is not yet underway, but data released recently by the United States Department of Commerce and the National Retail Federation (NRF) data indicate that consumers are slowly coming out of their bunkers, with both organizations reporting increases in February retail sales.


 


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