{"id":87288,"date":"2009-12-17T17:14:00","date_gmt":"2009-12-17T22:14:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/chart-of-the-day-2009-12"},"modified":"2009-12-17T17:14:00","modified_gmt":"2009-12-17T22:14:00","slug":"chart-of-the-day-port-data-shows-huge-global-recovery","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/87288","title":{"rendered":"CHART OF THE DAY: Port Data Shows Huge Global Recovery"},"content":{"rendered":"
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Few things are more important to a good economic recovery than positive international trade trends. And on this front, we’ve seen substantial improvement in North American seaborne container trade most recently.<\/p>\n

Based on port data compiled by Citi’s Mathey Troy in his latest ‘Port Report’, North American loaded container volumes fell only 0.3% year over year during the current fourth quarter to date. (Shown as ‘4QTD’ below)<\/p>\n

This is a huge reversal from the double digit volume declines experienced previously, and indicates that container volumes could deliver year over year growth by the first quarter of 2010.<\/p>\n

Many would argue that the trade rebound shown below is supported by government stimulus of titanic proportions. If so, let’s hope it stays afloat on its own.<\/p>\n

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