Census Bureau Releases Two Advance Economic Indicators for August

The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories increased in August.
Economic indicators August 2021

The U.S. Census Bureau this week released advance indicators showing that the international trade deficit and wholesale inventories increased in August.

The international trade deficit was $87.6 billion in August, up $0.8 billion from $86.8 billion in July. Exports of goods for August were $149 billion, $1.1 billion more than July exports. Imports of goods for August were $236.6 billion, $1.9 billion more than July imports.

Wholesale inventories for August, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $731.0 billion, up 1.2% from July 2021, and were up 12.3% from August 2020. The June 2021 to July 2021 percentage change was unrevised from the preliminary estimate of up 0.6%.

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