The U.S. Commerce Department reported Friday that exports in October dropped to the lowest level in more than four years. Lasting effects from the congestion on the West Coast continue to show as ports see a slight decline in export volumes, while the East Coast ports reported strong gains. West Coasts ports are still attempting to recover from the huge losses they incurred earlier in the year when work slowdowns and contract negotiations took place. Further, major retailers continue to ship primarily through East Coast ports, which could be seen as a bad reaction to the labor issues that took place in the first half of the year.
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