Advance U.S. International Trade in Goods

9 years ago

The advance international trade deficit in goods decreased to $58.4 billion in August from $58.8 billion in July as exports increased more than imports.

August 2016: 58.4° $ billion July 2016: 58.8° $ billion

September 29, 2016

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The U.S. Census Bureau announced the following international trade, wholesale inventories, and retail inventories advance statistics for August 2016:

Advance International Trade in Goods

The international trade deficit was $58.4 billion in August, down $0.4 billion from $58.8 billion in July. Exports of goods for August were $124.6 billion, $0.9 billion more than July exports. Imports of goods for August were $183.0 billion, $0.5 billion more than July imports.

Advance Wholesale Inventories

Wholesale inventories for August, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $589.3 billion, down 0.1 percent (±0.4 percent)* from July 2016, and were virtually unchanged (±1.8 percent)* from August 2015. The June 2016 to July 2016 percentage change was revised from virtually unchanged (±0.4 percent)* to down 0.1 percent (±0.4 percent)*.

Advance Retail Inventories

Retail inventories for August, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $605.2 billion, up 0.5 percent (±0.2 percent) from July 2016, and were up 4.6 percent (±0.5 percent) from August 2015. The June 2016 to July 2016 percentage change was revised from down 0.3 percent (±0.2 percent) to down 0.2 percent (±0.2 percent)*.

The September 2016 Advance report is scheduled for release on October 26, 2016. View the full schedule in the Economic Briefing Room: www.census.gov/economic-indicators/.