Census Bureau Releases Two Advance Economic Indicators for October

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Census Bureau Releases Two Advance Economic Indicators for October

The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories moved in opposite directions in October.
3Q 2021 Census Selected Services Revenue
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The U.S. Census Bureau this week released advance indicators showing that the international trade deficit increased while and wholesale inventories decreased in October.

The international trade deficit was $80.3 billion in October, up $0.9 billion from $79.4 billion in September. Exports of goods for October were $126 billion, $3.4 billion more than September exports. Imports of goods for October were $206.3 billion, $4.4 billion more than September imports.

Wholesale inventories for October, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $646.2 billion, down 2.7% from October 2019 but up 0.9% from September 2020. The August 2020 to September 2020 percentage change was revised from up 0.4% to up 0.7%.

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