NOW IS IT A RECESSION? Where Have All The Ships Gone? “As of Sept. 21, 2021, there were 132 cargo ships at the ports of Los Angeles and Long Beach. Dozens of container ships were anchored or adrift off the coast. As of Aug 30, 2022, that number has dwindled to only 8 ships waiting off Southern California. The end of goods backing up in ports on the west coast is a sign we are moving on. Danielle DiMartino Booth recently stated, ‘We have never seen the collapse of the magnitude that we are witnessing in imports. That is always a tail-tale sign that you are already looking through the rear-view mirror at recession.'”