
As the CR post noted, the declining trade deficit is accompanied by both a decline in imports and an increase in exports.
For Long Beach, the increase in outbound cargo is not enough to offset the decrease in inbound cargo:
Incoming goods are down so much that the twin ports are on pace to record their second straight year of declines in overall international trade.This and the closing of the main library will probably cause some economic stress for downtown Long Beach in the short run...
No comments:
Post a Comment