CNBC: Companies are betting on a demand rebound in second half of year, DHL says

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CNBC reports:

Spring has sprung for U.S. imports, and the trade that is being exported from China is centered on the items you would expect to be selling even in a lower demand environment.

In peak housing season and ahead of summer, it’s wrought iron outdoor furniture, bookcases, doors, and household items such as lamps that are the top items coming into the country, according to data from ImportGenius and bills of lading, which are the customs paperwork which details the products in containers.

That marks the second consecutive month that U.S. imports increased and are higher than 2019 levels, according to data provided to CNBC from Descartes Datamyne, a global trade data platform. The combination of a slow ramp up from “Zero Covid” in China and the reopening of manufacturing plants in the country delayed exports…

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