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Consultant’s Insight: US imports slow, nearshoring hurts China 

Cathy RobersonbyCathy Roberson
July 14, 2023
in Consultant's Corner
Reading Time: 4 mins read
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U.S. imports are slowing as consumers return to pre-pandemic spending. After growing 21.3% in 2022 and 14.6% in 2021, total imports, in terms of value, declined 5.5% year to date through May compared to the corresponding period last year, according to the U.S. Census Bureau’s USA Trade Online service.   Total airfreight imports are faring worse, […]

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