US seaborne imports of containerized freight fell for the ninth straight month in April, led by a 24% slide in consumer goods shipments. However, the rate of decline is slowing. Destocking, which may have gone too far for some apparel firms, and slower sales are likely drivers. Seasonal patterns finally appear to be returning to normal.The evidence of a continued downturn in the electronics industry is apparent from the latest import data for mainland China as well as the latest results from Nintendo. Electronic component and equipment makers expect a recovery later in 2023. Battery s...