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Port Traffic Seeing Slow Increase by Ryan ZumMallen | Archive | 02.18.10 |
+  The Port of Long Beach and Los Angeles are beginning to see slow recovery after a dismal year in 2009. A recent Los Angeles Times article reports that January saw a 1.6% traffic increase at the two ports after a 17.4% drop over the course of 2009.So while the recession-ravaged ports are not yet back to full steam, recent small increases in December and January could be signals that the worst is over. But it will likely be a slow recovery process for both ports. Combined, the Ports of Long Beach and Los Angeles are the busiest in the nation, so the number of goods moving in and out each day are viewed as accurate indicators of how America's economy is doing as a whole - "...a bellwether for the strength of the U.S. economy," says the Times' Ronald D. White. Are meager successes at the ports signaling a national economic turnaround?
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5 Comments so far.
lbresident Good to hear. The port will have plenty of money to pay for reconfiguring the breakwater. CHARLIE You just couldn't resist that opportunity could you, lbresident? :>) God Love Ya! lbresident It is an important issue. The more people hear about it the better. CHARLIE to lbresident You have my Blessings, and I still think you should run for City Council... Jon It's also good to hear that "the increases were largely driven by exports". And yes Port, pay for the reconfiguration.
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LBPOST.com Managing Editor Ryan ZumMallen keeps up on all the current and breaking Long Beach news.
Ryan ZumMallen has served as the managing editor of the LBPOST.com since 2007. He graduated from CSULB with a degree in Print Journalism in 2008 and is a member of the 2009 class of Leadership Long Beach. You can find him on various basketball courts around the city.
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