Industry Updates

December 17, 2021

2021 Retail Imports to Show Record Growth Despite Pandemic
Imports at the nation’s major retail container ports are expected to end 2021 with both the largest volume and fastest growth on record despite supply chain disruptions brought on by the COVID-19 pandemic, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. Imports for 2021 are expected to total 26 million Twenty-Foot Equivalent Units, an increase of 18.3 percent over 2020 and the highest number since NRF began tracking imports in 2002. The projected total would top last year’s previous record of 22 million, which was up 1.9 percent despite the pandemic. The growth rate would also be the highest on record, topping 16.7 percent in 2010 as the economy recovered from the Great Recession. | More Information

The Good, The Bad and The Ugly of Group’s Anti-Hunting Lawsuit 
The anti-hunting Center for Biological Diversity is once again trying to eliminate hunting on public lands within National Wildlife Refuges under the guise of “protecting endangered wildlife. The activist organization’s latest lawsuit seeks to kill hunting activities on more than 2.3 million acres of public lands overseen by the U.S. Fish and Wildlife Service (USFWS) even though USFWS’s own website promotes hunting as a wildlife management tool. No matter for the Center for Biologic Diversity. For them, it’s eliminate hunting or bust. | More Information

November Retail Sales Put Holiday Season on Track to Set New Records
Retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending despite inflation, supply chain disruptions and COVID-19, the National Retail Federation said. The U.S. Census Bureau said overall retail sales in November were up 0.3 percent seasonally adjusted from October and up 18.2 percent year-over-year. That compares with increases of 1.8 percent month-over-month and 16.3 percent year-over-year in October. Despite occasional month-over-month declines, sales have grown year-over-year every month since June 2020, according to Census data. | More Information

NRF Economist Says Holiday Shopping Could Beat Forecast Despite Inflation and COVID-19

WASHINGTON – The 2021 holiday season appears to be on track to exceed the National Retail Federation’s forecast for record spending despite supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, NRF Chief Economist Jack Kleinhenz said. Kleinhenz’s remarks came in the December issue of NRF’s Monthly Economic Review, which said holiday retail sales during November and December could now grow as much as 11.5 percent over the same period in 2020. That would exceed NRF’s forecast that holiday sales would be up between 8.5 percent and 10.5 percent. | More Information

New Polling Confirms Americans’ Widespread Support for Second Amendment

December 14, 2021

New polling confirms Americans are increasingly rejecting gun control calls amidst circumstances that have left them feeling exposed to danger and unsafe in their communities. Americans, by the millions, have turned those anxieties into empowerment by purchasing a firearm, exercising their Second Amendment right for protection and rejecting gun control politicians and their schemes. Two recent polls show the shift. Gallup pins American support for more gun control at a tick above 50 percent, the lowest mark since 2014. At the same time, Quinnipiac polling pegged the number even lower, showing just 45 percent support stricter gun laws – a drop of nine points since April this year. | More Information

Nearly 180 Million Shop Over Thanksgiving Holiday Weekend

December 14, 2021

Nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. In total, 179.8 million unique shoppers made in-store and online purchases during the holiday weekend, exceeding NRF’s initial expectations by over 21 million. The figure compares with 186.4 million shoppers in 2020 and is in line with the average of the last four years. | More Information

Fishing Tackle Retailer - Market Insights: Where do we go from here?

December 1, 2021

As 2021 draws to a close, now is a good time to reflect on the radical changes that the sportfishing industry has witnessed over the past couple of years. 2020 brought a global pandemic, which created innumerable challenges but also unprecedented growth in the sport of recreational fishing. License sales data provided to Southwick Associates indicate that fishing participation was up more than 13% nationally in 2020 versus 2019. Additionally, Southwick Associates estimates that fishing equipment sales grew by nearly 55% overall in 2020. We know that fishing attracted millions of new participants during the pandemic, and that experienced anglers spent more time on the water than ever before. There’s also a lot of evidence that these trends have carried on well into 2021. | More Information

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