Census Bureau Releases Two Advance Economic Indicators for January

The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories both increased in January.
January 2021 economic indicators

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

The international trade deficit was $83.7 billion in January, up $0.5 billion from $83.2 billion in December. Exports of goods for January were $135.2 billion, $1.9 billion more than December exports. Imports of goods for January were $218.9 billion, $2.5 billion more than December imports.

Wholesale inventories for January, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $661.6 billion, up 1.3% from December 2020, and were up 0.5% from January 2020. The November 2020 to December 2020 percentage change was revised from up 0.3% to up 0.5%.

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