The 2020 Mid-Year Economic Update_long

Census Bureau Releases Two Advance Economic Indicators for July

The U.S. Census Bureau has released advance indicators showing that the international trade deficit declined while wholesale inventories increased in July.
Census Bureau Releases Two Advance Economic Indicators for July 2021

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

The international trade deficit was $86.4 billion in July, down $5.7 billion from $92.1 billion in June. Exports of goods for July were $147.6 billion, $2.2 billion more than June exports. Imports of goods for July were $233.9 billion, $3.4 billion less than June imports.

Wholesale inventories for July, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $603.2 billion, up 0.4% from June, and were up 3.3% from July 2020. The May to June percentage change was revised from up 0.3% to up 0.5%.

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