• U.S trade balance and wholesale inventories miss expectations in February

Market news

28 March 2018

U.S trade balance and wholesale inventories miss expectations in February

The international trade deficit was $75.4 billion in February, up $0.1 billion from $75.3 billion in January. Exports of goods for February were $136.5 billion, $2.9 billion more than January exports. Imports of goods for February were $211.9 billion, $3.0 billion more than January imports.

Wholesale inventories for February, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $626.7 billion, up 1.1 percent from January 2018, and were up 5.7 percent (±0.9 percent) from February 2017. The December 2017 to January 2018 percentage change was revised from up 0.8 percent (±0.4 percent) to up 1.0 percent.

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