The 2020 Mid-Year Economic Update_long

Census Bureau Releases Two Advance Economic Indicators for September

The U.S. Census Bureau this week released advance indicators showing that the international trade deficit and wholesale inventories both decreased in September.
Advance-economic-indicators-September-2020

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

The international trade deficit was $79.4 billion in September, down $3.7 billion from $83.1 billion in August. Exports of goods for September were $122 billion, $3.2 billion more than August exports. Imports of goods for September were $201.4 billion, $0.5 billion less than August imports.

Wholesale inventories for September, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $634.8 billion, down 0.1% from August 2020, and were down 4.5% from September 2019. The July 2020 to August 2020 percentage change was revised from up 0.4% to up 0.3%.

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