Driver dwell time averages in the US have been historically high this year, thanks to bottlenecks choking supply chain operations today.
Record high retail consumption in the absence of tangible ways to spend on services led to a spike in US imports in 2021.
FRED data shows that US imports grew by 14.4% year-over-year this October — and a full 53% growth in imports from the pandemic depth of May ‘20.
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