Trade Deficit Widened to $65.1 Billion in July

Washington, DC, August 29, 2017-The international trade deficit was $65.1 billion in July, up $1.1 billion from $64.0 billion in June, reports the U.S. Census Bureau.

Exports of goods for July were $127.1 billion, $1.6 billion less than June exports. Imports of goods for July were $192.2 billion, $0.5 billion less than June imports.

Wholesale inventories for July were estimated at an end-of-month level of $601.2 billion, up 0.4% from June 2017, and were up 3.1% from July 2016. The May 2017 to June 2017 percentage change was revised from up 0.7% to up 0.6%.

Retail inventories for July, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $619.6 billion, down 0.2% from June 2017, and were up 3.3% from July 2016. The May 2017 to June 2017 percentage change was unrevised at up 0.6%.