Re:U.S. Economy Contracts at 0.3% Rate in First Quarter
by marcosdumay on Wednesday April 30, 2025 @02:20PM
(#43848965)
I don't get the empty ports narrative.
Yes, there have been photos of empty ports. But there number of ships headed into the US hasn't fallen yet¹, and tax changes take a up to a few months to reflect on the arriving trans-continental traffic.
So, are those some ports specialized in short distance commerce? Maybe domestic commerce?
1 - They notoriously have recently started to leave half-full. What means they'll need less time at the ports by June. That shouldn't make a difference now.
Yes, there have been photos of empty ports. But there number of ships headed into the US hasn't fallen yet¹, and tax changes take a up to a few months to reflect on the arriving trans-continental traffic.
So, are those some ports specialized in short distance commerce? Maybe domestic commerce?
1 - They notoriously have recently started to leave half-full. What means they'll need less time at the ports by June. That shouldn't make a difference now.