Las Vegas Median A Third Off Peak

Posted: September 8, 2008 at 5:38 pm by Somesh

Las Vegas Median is down 105K or 33.33% from peak.

Mar 06 / Jun 06  -  315K

Aug 08 - 210K

Exports jump at L.A., Long Beach ports but imports falter

Posted: September 2, 2008 at 8:20 am by Somesh

The LA Times is reporting :

“At the five top West Coast ports — Los Angeles, Long Beach, Oakland, Seattle and Tacoma, Wash. — imports were down by as much as 13% through the first seven months of the year.

At Long Beach, where imports fell 12.7%, some of the biggest declines can be found in materials used in home remodeling and new construction, port spokesman Art Wong said, citing a detailed statistical breakdown through June, compared with the same period last year.

Stone, plaster and cement imports were down 15.4%, Wong said. Wood imports were down 12.9%. Furniture and bedding imports were down 10.1%.

Big contractions also are being seen in consumer goods, which retailers are hustling to bring in now to fill shelves for the holidays. Toys and sports equipment imports, usually among the top categories at the Port of Long Beach, were down 16.5% through June, Wong said. Another popular import, footwear, was down 5.2%.

Exports tell a different story
.

Aided by the weak dollar, which makes U.S. goods cheaper for foreign buyers, outgoing traffic increased at each of the five big West Coast ports. In addition, the number of empty containers shipped back to Asia for refilling with imports was down by at least 22.1% at each of the major ports.”