Sharp Decline in US Imports and Exports Reported in January

Sharp declines in US trade was reported in January 2009.  The following chart from http://www.calculatedriskblog.com highlights the sharp downward trend (red is imports and blue is exports) –

tradeexportsimportsjan2009

Here is a chart showing inbound and outbound container traffic to the port of Los Angeles – it mirrors the decline –

laporttraffic

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