Executive Briefings

Panjiva Data Shows Slow but Steady Growth in Global Trade Activity

Global trade data from March distributed by Panjiva shows slow but steady improvement in activity. Specifically, there was:

• a 3-percent increase in the number of global of manufacturers shipping to the U.S. market (vs. a 2-percent increase last year)
• a 6-percent increase in the number of U.S. companies receiving waterborne shipments from global manufacturers.

Panjiva CEO Josh Green feels the numbers indicate that U.S. imports are following their seasonal path - and perhaps even growing a bit - suggesting that an economic recovery may be taking hold.

Panjiva cites further evidence that cautious optimism is warranted:

• The percentage of significant manufacturers on the Panjiva Watch List fell to its lowest level yet, down 1 percent from February to 18 percent in March.
• The percentage of significant buyers having done business with a Panjiva Watch List supplier in the preceding three months declined further from 27 percent to 25 percent.
• The number of waterborne shipments coming into the U.S. in March increased 1 percent from February - and is up 15 percent year over year.

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Global trade data from March distributed by Panjiva shows slow but steady improvement in activity. Specifically, there was:

• a 3-percent increase in the number of global of manufacturers shipping to the U.S. market (vs. a 2-percent increase last year)
• a 6-percent increase in the number of U.S. companies receiving waterborne shipments from global manufacturers.

Panjiva CEO Josh Green feels the numbers indicate that U.S. imports are following their seasonal path - and perhaps even growing a bit - suggesting that an economic recovery may be taking hold.

Panjiva cites further evidence that cautious optimism is warranted:

• The percentage of significant manufacturers on the Panjiva Watch List fell to its lowest level yet, down 1 percent from February to 18 percent in March.
• The percentage of significant buyers having done business with a Panjiva Watch List supplier in the preceding three months declined further from 27 percent to 25 percent.
• The number of waterborne shipments coming into the U.S. in March increased 1 percent from February - and is up 15 percent year over year.

Read Full Article