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Panjiva: U.S. imports steady in May

New York - Imports to the U.S. were steady in May 2014 from the previous month, though there was a measurable year-over-year increase. Data from supply chain research firm Panjiva shows that May 2014 showed levels of imports 4% above imports in May 2013.

The trend of imports into the U.S. is still positive, and Panjiva analysts say they are optimistic about the strength of the U.S. economy based on imports. Panjiva will remain positive about U.S. imports, even if there is a dip in shipment numbers in June. Typically, July or August are the strongest months for imports into the U.S. as retailers begin to gear up for the holiday season.

 

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