• US trade balance deficit rose. Wholesale inventories increased

Market news

29 December 2016

US trade balance deficit rose. Wholesale inventories increased

The international trade deficit was $65.3 billion in November, up $3.4 billion from $61.9 billion in October. Exports of goods for November were $121.7 billion, $1.2 billion less than October exports. Imports of goods for November were $187.0 billion, $2.2 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 $594.5 billion, up 0.9 percent (±0.2 percent) from October 2016, and were up 1.2 percent (±1.1 percent) from November 2015. The September 2016 to October 2016 percentage change was revised from down 0.4 percent (±0.4 percent)* to down 0.1 percent (±0.4 percent).

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