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A different take on the shortages...

Golfing Gator

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America isn't running out of everything just because of a supply-chain crisis. America is running out of everything because Americans are buying so much stuff.

  • But US imports are at record levels at some ports, and Americans are breaking shopping records, too.

To understand the situation, consider the country's inventory to sales ratio. This metric, tracked by the US Census Bureau, compares how much stuff sellers have on hand to how much stuff consumers are buying. The ratio is at a 10-year low, which indicates that we're low on stuff.

But the Port of Los Angeles reported a 30% uptick in incoming cargo in the first nine months of this year. (Important note, most of nonfood goods sold in the US come from abroad.) The Port of Charleston, South Carolina, has been breaking all-time records since March. Prologis, a major industrial real-estate player, is "effectively sold out" of warehouse space.

All of that means that the inventory to sales ratio isn't low because the US is short on stuff. It's low because sales have gone completely nuts.

In the first nine months of 2021, retail sales were up 14.5% over the same period in 2020 - a year in which retail sales jumped 8% over 2019. The NRF expected to end the year with sales up 10.5% to 13.5%. Lots of imports and even more spending have driven the inventory to sales ratio down because businesses imported a lot of stuff, and then Americans bought it.
 

pknopp

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All those trillions being pumped is going to go somewhere. Most of it has went into the markets but it seems some of it is also being spent. Money for nothing............
 

Moonglow

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What I see being bought out at Wal Mart is the food sections of products made in the USA.
 

Anomalism

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There are so many hoarders that buy piles and piles of useless shit constantly. People are addicted to spending money.
 

WillHaftawaite

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America isn't running out of everything just because of a supply-chain crisis. America is running out of everything because Americans are buying so much stuff.

  • But US imports are at record levels at some ports, and Americans are breaking shopping records, too.

To understand the situation, consider the country's inventory to sales ratio. This metric, tracked by the US Census Bureau, compares how much stuff sellers have on hand to how much stuff consumers are buying. The ratio is at a 10-year low, which indicates that we're low on stuff.

But the Port of Los Angeles reported a 30% uptick in incoming cargo in the first nine months of this year. (Important note, most of nonfood goods sold in the US come from abroad.) The Port of Charleston, South Carolina, has been breaking all-time records since March. Prologis, a major industrial real-estate player, is "effectively sold out" of warehouse space.

All of that means that the inventory to sales ratio isn't low because the US is short on stuff. It's low because sales have gone completely nuts.

In the first nine months of 2021, retail sales were up 14.5% over the same period in 2020 - a year in which retail sales jumped 8% over 2019. The NRF expected to end the year with sales up 10.5% to 13.5%. Lots of imports and even more spending have driven the inventory to sales ratio down because businesses imported a lot of stuff, and then Americans bought it.
:th_spinspin:
 
OP
Golfing Gator

Golfing Gator

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It is simply amazing how many people hate facts and data when it does not support their political agenda...

follow the data, not your hate.
 

Oddball

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America isn't running out of everything just because of a supply-chain crisis. America is running out of everything because Americans are buying so much stuff.

  • But US imports are at record levels at some ports, and Americans are breaking shopping records, too.

To understand the situation, consider the country's inventory to sales ratio. This metric, tracked by the US Census Bureau, compares how much stuff sellers have on hand to how much stuff consumers are buying. The ratio is at a 10-year low, which indicates that we're low on stuff.

But the Port of Los Angeles reported a 30% uptick in incoming cargo in the first nine months of this year. (Important note, most of nonfood goods sold in the US come from abroad.) The Port of Charleston, South Carolina, has been breaking all-time records since March. Prologis, a major industrial real-estate player, is "effectively sold out" of warehouse space.

All of that means that the inventory to sales ratio isn't low because the US is short on stuff. It's low because sales have gone completely nuts.

In the first nine months of 2021, retail sales were up 14.5% over the same period in 2020 - a year in which retail sales jumped 8% over 2019. The NRF expected to end the year with sales up 10.5% to 13.5%. Lots of imports and even more spending have driven the inventory to sales ratio down because businesses imported a lot of stuff, and then Americans bought it.
Thank you, Pete Buttplug.
 

Oddball

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It is simply amazing how many people hate facts and data when it does not support their political agenda...

follow the data, not your hate.
A lolbertarian poseur linking to the prog pissbois at Yayhoo and Bidness Insider, taking their data points at face value.

ROFLMFAO!
 
OP
Golfing Gator

Golfing Gator

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A lolbertarian poseur linking to the prog pissbois at Yayhoo and Bidness Insider, taking their data points at face value.

ROFLMFAO!

then prove them wrong little man. normally you wingnuts are the ones whining when people attack the source....my how that changes when it does not fit your political agenda
 

Oddball

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then prove them wrong little man. normally you wingnuts are the ones whining when people attack the source....my how that changes when it does not fit your political agenda
All I need is "Business Insider" to prove it wrong....They're the digital version of XiNN.
 

progressive hunter

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America isn't running out of everything just because of a supply-chain crisis. America is running out of everything because Americans are buying so much stuff.

  • But US imports are at record levels at some ports, and Americans are breaking shopping records, too.

To understand the situation, consider the country's inventory to sales ratio. This metric, tracked by the US Census Bureau, compares how much stuff sellers have on hand to how much stuff consumers are buying. The ratio is at a 10-year low, which indicates that we're low on stuff.

But the Port of Los Angeles reported a 30% uptick in incoming cargo in the first nine months of this year. (Important note, most of nonfood goods sold in the US come from abroad.) The Port of Charleston, South Carolina, has been breaking all-time records since March. Prologis, a major industrial real-estate player, is "effectively sold out" of warehouse space.

All of that means that the inventory to sales ratio isn't low because the US is short on stuff. It's low because sales have gone completely nuts.

In the first nine months of 2021, retail sales were up 14.5% over the same period in 2020 - a year in which retail sales jumped 8% over 2019. The NRF expected to end the year with sales up 10.5% to 13.5%. Lots of imports and even more spending have driven the inventory to sales ratio down because businesses imported a lot of stuff, and then Americans bought it.
I see you got your daily talking points,,
 
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Golfing Gator

Golfing Gator

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All I need is "Business Insider" to prove it wrong....They're the digital version of XiNN.

I accept your surrender. Run along now and let the adults talk
 
OP
Golfing Gator

Golfing Gator

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Damn, this turned out better than I expected. The BDS folks are swarming like mad hornets.
 

marvin martian

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America isn't running out of everything just because of a supply-chain crisis. America is running out of everything because Americans are buying so much stuff.

  • But US imports are at record levels at some ports, and Americans are breaking shopping records, too.

To understand the situation, consider the country's inventory to sales ratio. This metric, tracked by the US Census Bureau, compares how much stuff sellers have on hand to how much stuff consumers are buying. The ratio is at a 10-year low, which indicates that we're low on stuff.

But the Port of Los Angeles reported a 30% uptick in incoming cargo in the first nine months of this year. (Important note, most of nonfood goods sold in the US come from abroad.) The Port of Charleston, South Carolina, has been breaking all-time records since March. Prologis, a major industrial real-estate player, is "effectively sold out" of warehouse space.

All of that means that the inventory to sales ratio isn't low because the US is short on stuff. It's low because sales have gone completely nuts.

In the first nine months of 2021, retail sales were up 14.5% over the same period in 2020 - a year in which retail sales jumped 8% over 2019. The NRF expected to end the year with sales up 10.5% to 13.5%. Lots of imports and even more spending have driven the inventory to sales ratio down because businesses imported a lot of stuff, and then Americans bought it.

This meshes right into the Biden regime's new "breadlines are GOOD!" attempt to gaslight the nation.

 

Circe

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But the Port of Los Angeles reported a 30% uptick in incoming cargo in the first nine months of this year. (Important note, most of nonfood goods sold in the US come from abroad.) The Port of Charleston, South Carolina, has been breaking all-time records since March. Prologis, a major industrial real-estate player, is "effectively sold out" of warehouse space.

The store where I shop most has been very low on meat for three weeks now. One week had empty shelves, really no meat at all, in many categories: no hams, almost no beef. No hamburger for weeks. Many other items are gone: none of the laundry detergent I buy for several weeks, etc., etc.

These food shortages are NOT hung up at the Port of Baltimore or at any other port. They are crisis shortages, and the Biden apologists can natter all they like, but we still can't buy stuff.

And gas up to $3.25 here. $3.00 at the beginning of October. I wonder what it will be at the end of October when the new Covid surge hits.
 

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