After steep September slide, US imports stabilize in October

The outlook for U.S. imports looked ominous in September, when volumes plummeted double digits, both year on year and compared to August. If imports had continued to collapse at September’s pace, they would have sunk below pre-COVID levels in October.

But imports didn’t continue to plunge in October, according to data released Monday by Descartes Datamyne. Last month’s volumes were effectively flat versus September.

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