The word from the Panjiva research team: trade activity experienced a dip in August. Specifically, the numbers of waterborne shipments coming into the U.S. experienced a -3% month-over-month decrease from July to August. Previous years July to August changes: +4% in 2011, +4% in 2010, +3% in 2009, +0.1% in 2008.
The number of global manufacturers shipping to the U.S. went down — -1% — from July to August. July to August changes in previous years: +2% in 2011, +1% in 2010, +1% in 2009, -1% in 2008.
- The percentage of significant manufacturers on the Panjiva Watch List remained steady at 19%.
- The percentage of significant buyers having done business with a Panjiva Watch List supplier in the preceding three months also remained at 26%.
Manufacturers that have suffered a 50% or greater decline in volume shipped to American customers in the most recent three month period, versus the same period a year ago, are on the Panjiva Watch List.
“Significant manufacturers” are companies that have sent 10 or more shipments to American customers within the last year. As of the end of August, there were 96,624 significant manufacturers.
“Significant buyers” are U.S. companies that have received 10 or more shipments from overseas manufacturers within the last year. As of the end of August, there were 82,781 significant buyers.
Source: Panjiva Blog