Trade Deficit Widened by $1.6 Billion in December

Washington, DC, January 26, 2018-The international trade deficit was $71.6 billion in December, up $1.6 billion from $70.0 billion in November, according to the U.S. Census Bureau. Exports of goods for December were $137.6 billion, $3.6 billion more than November exports. Imports of goods for December were $209.2 billion, $5.2 billion more than November imports.

Wholesale inventories for December were estimated at an end-of-month level of $611.4 billion, up 0.2% from November 2017, and were up 3.3% from December 2016. The October 2017 to November 2017 percentage change was revised from up 0.8% to up 0.7%.

Retail inventories for December were estimated at an end-of-month level of $620.4 billion, up 0.2% from November 2017, and were up 2.2% from December 2016. The October 2017 to November 2017 percentage change was unrevised at up 0.1%.


Related Topics:U.S. Census Bureau