Census Bureau Releases Two Advance Economic Indicators for November

Census Bureau Releases Two Advance Economic Indicators for November

The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories moved in opposite directions in November.
Census Bureau Releases Two Advance Economic Indicators for November

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

The international trade deficit was $84.8 billion in November, up $4.4 billion, or 5.5%, from $80.4 billion in October. Exports of goods for November were $127.2 billion, $1.1 billion more than October exports. Imports of goods for November were $212 billion, $5.5 billion more than October imports.

Wholesale inventories for November, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $649 billion, down 2.2% from November 2019 and down 0.1% from October 2020. The September 2020 to October 2020 percentage change was revised from up 1.1% to up 1.2%.

 

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