Thursday, 31 October 2013

United States Shipping Report Q4 2013

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United States Shipping Report Q4 2013
Oct 30th 2013, 00:00

Price: $ 1295  

BMI maintains its cautiously positive view on the US shipping sector. We forecast contractions in throughput at both the port of Los Angeles and the Port of New York/New Jersey. We have revised down our 2013 US real GDP growth forecast from 2.1% to 1.8%, which is mostly attributable to base effects from poor data readings in Q412 and Q113. The downward revision to our headline real GDP growth number is partly the result of changes to our forecast for real net exports of goods and services. We have revised down our export growth figure, from 3.5% to 2.5%, due to back-to-back contractions in annualised real export growth in Q412 and Q313. However, we have revised up our 2013 real imports of goods and services forecast from 2.8% to 3.3%, well above the 2.4% import growth posted in 2012. We cont ...

Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/291536.html

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