Guys a couple of observations from a few datapoints available:
Two datapoints used in this:
1. Latest 485 Inventory (Apr 1 2014) -
- At a macro level - backlogs are increasing slightly - especially so in EB1. But that increase very well could be random nature of processing. So I wouldn't take anything from that. The best takeaway one can take is at least it does indicate a reasonably healthy but not necessarily high demand across all categories.
- EB2I+EB3I show reduction of approx 4K which is consistent with their 6 months quota. EB3I reduction is higher than EB2I reduction which makes sense indicating portings. However I think the porting trend is still stable at 4-5K max per year.
- EB4/5 nothing can be deduced from this data. Too few numbers to say anything. But this is how it always has been with EB4/5.
- EB3C shows increase which means EB3C won't be current this year at least.
- EB3ROW shows stable backlog which means EB3ROW retrogression if any should be short lived and dates should continue their march forward.
2. 485 Performance data for Q1 of 2014
This data is actually more interesting and shows less than quota approvals. It shows 31K approvals in Q1 against a total quota of 40K (27% of 150K). If you adjust for CP, the total approvals could very well be 37K. That means 3K from Q1 alone would be seen in EB2 eventually. So it would be safe to assume 10-12K of spillover for EB2I.
Will update the header soon....