Federal Government Shutdown Stymies California Supply Chain Numbers

By Patrick Burnson, Executive Editor
October 10, 2013 - SCMR Editorial

Beacon Economics’ California Trade Report will not be released this month due to the Federal government shutdown.

The U.S. Department of Commerce statistics necessary to analyze foreign trade for the month of August have become another casualty in the Congressional budget impasse that has shuttered non-essential Federal government operations since October 1.

“Federal government statisticians are not regarded as essential personnel, even though the information they provide allow us to chart the health of our economy,” said Jock O’Connell, Beacon Economics’ International Trade Adviser.

And it isn’t just numbers that are affected. “Many exports and imports, including steel, lumber, and computer equipment, cannot move over the border without specific permits from the Federal government - permits that aren’t being given because of the shut down,” said Beacon Economics’ Founding Partner Christopher Thornberg. “If they reopen the government soon, it shouldn’t have a serious effect, but if this continues for much longer real business will be lost, not delayed, and we could be facing broad negative consequences for the economy.”

O’Connell indicated that August’s trade statistics will eventually become available but he declined to speculate on when. “We’re not dealing with a situation in Washington that lends itself to rational expectations,” he said.

“It’s amazing and a bit frightening how our partisan politics have become so dysfunctional that pleasing narrow voter bases is more important than the health of the U.S. economy,” said Thornberg.

Beacon Economics will leave it’s September California Trade Report accessible until an update is possible.



About the Author

image
Patrick Burnson
Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Transportation stakeholders reliant on North Carolina’s major seaports are welcoming news this week, which outlines plans to enhance the intermodal and cold chain network in the region.

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 56.9 in February, which was 0.2 percent ahead of January and also 0.1 percent ahead of the 12-month average of 56.8. Economic activity in the non-manufacturing sector has grown for the last 61 months, according to ISM.

Non asset-based third-party logistics (3PL) services and logistics technology services provider Transplace said today that Brooks Bentz has joined the company in a newly-created role as president of Transplace Consulting in conjunction with the launch of the company’s new North American consulting services practice.

The advent of e-commerce continues to grow and gain increased traction over time. The many ways for consumers to order and purchase goods online continues to expand and leads to various subsequent byproducts of online purchases, including shopping through multiple channels, and delivery and payment options, among other things. These types of topics serve as the thesis in the second annual UPS Pulse of the Online Shopper Global Study issued this week by UPS and comScore Inc.

A major highlight of CEVA’s fourth quarter performance was its new business wins, which were up 14 percent for all of 2014, with Freight Management wins up 14 percent, and Ocean Freight and Air Freight wins up 30 percent and 14 percent, respectively, while Contract Logistics wins were up 2 percent.

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. Contact Patrick Burnson

Comments

Post a comment
Commenting is not available in this channel entry.