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Costs are stabilizing, however interest rates are putting pressure on margins.

MAY 2024

Imports remain weak, but could finally turn the corner on growth.

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THE SITUATION IN MAY

Ocean carriers have signaled their belief that US consumer buying will remain strong into the second half of the year by announcing the launch or restart of 11 services involving the trans-Pacific and north-south trades.  

The question is:  Will they be buying apparel?

While overall consumer purchasing has remained strong – or at least stronger than expected – apparel sales have lagged other categories.

 

Inside Sourcing May

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