CHART OF THE DAY: America's New Savings Habit Kills Global Trade

button more charts
button chart prev
button chart next

Americans have rediscovered the joys of saving, but that revelation has hardly been joyful for exporters overseas.

Today’s chart compares the savings rate to container volume at the Port of Los Angeles, where many imports from China arrive. Though volatile, there’s a nice symmetry. As the savings rate declined throughout the late 90s and early part of this decade, port volumes soared. Both of those trends have reversed violently in just the last few quarters.


Get This Delivered To Your Inbox
You can get this dropped in your inbox every afternoon as The Chart Of The Day. It’s a simple. It’s convenient. It’s free. All we need is your email address (though we’d love your name and state, too, if you’re willing to share it).  Sign up below!


First Name

Last Name


NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at