The international trade deficit was $65.9 billion in May, down $1.2 billion from $67.1 billion in April. Exports of goods for May were $127.1 billion, $0.5 billion more than April exports. Imports of goods for May were $193.0 billion, $0.8 billion less than April imports.

Wholesale inventories for May, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $593.4 billion, up 0.3 percent (±0.4 percent)* from April 2017, and were up 1.8 percent (±0.7 percent) from May 2016. The March 2017 to April 2017 percentage change was revised from down 0.5 percent (±0.2 percent) to down 0.4 percent (±0.2 percent).