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Beyond the gloom and doom . . . U.S. international trade is rocking.

No wonder we are short of labor in the supply chain.

Exports are up. Imports are flat. Let the good times roll.

Steve Geary
By Steve GearySep 08, 2022
Steve Geary
Steve Geary is adjunct faculty at the University of Tennessee's Haaslam College of Business and is a lecturer at The Gordon Institute at Tufts University. He is the President of the Supply Chain Visions family of companies, consultancies that work across the government sector. Steve is a contributing editor at DC Velocity, and editor-at-large for CSCMP's Supply Chain Quarterly.
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America’s posture in world trade, and the underlying supply chains, are more than robust.  According to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, the United States balance of trade in goods and services deficit dropped to $70.6 billion in July.  Exports hit the highest level in real dollars since tracking began over 70 years ago.  During the recovery from Covid,, with reshoring and shifting market demands, are holding imports flat..

This success is happening despite the global disruption caused by Ukraine.  Expect our labor shortages to continue.  Expect wage pressure to continue.  Expect inflationary pressures across the supply chain to continue.

Enjoy the ride.   
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steve geary on global logistics and risk
Blog
steve geary on global logistics and risk

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