The U.S. Census Bureau released its advance statistics for international trade, wholesale inventories and retail inventories for June on July 29, showing a rebound in wholesale inventories following a May decline.
Wholesale inventories — adjusted for seasonal and trading day difference, but not for price — ended June at $907.7 billion, up 0.2% from May and up 1.5% year-over-year. The April to May percentage change was unrevised from the preliminary estimate of down 0.3%.
MDM’s 2Q25 MarketPulse Report (store link)Â
Economists polled by national news outlets had forecast a monthly June decline of 0.1%.
U.S. Wholesale Inventories Month-Over-Month
source: tradingeconomics.com
Retail inventories ended the month up 0.3% from May at $808.7 billion. That figure was up 2.5% year-over-year. The May monthly change was unrevised from the preliminary estimate of up 0.3%.
The Bureau reported the U.S. international trade deficit was $86.0 billion in June, down $10.4 billion from the $96.4 billion in May. Exports of goods for June were $178.2 billion, $1.1 billion less than May exports. Imports of goods were $264.2 billion, $11.5 billion less than May imports.
The Bureau’s full June Wholesale Trade Report will be released on Aug. 7, and the July 2025 advance report for wholesale and retail inventories is scheduled for release on Aug. 29.
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