The international trade deficit was $65.1 billion in July, up $1.1 billion from $64.0 billion in June. Exports of goods for July were $127.1 billion, $1.6 billion less than June exports. Imports of goods for July were $192.2 billion, $0.5 billion less than June imports.

Wholesale inventories for July, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $601.2 billion, up 0.4 percent (±0.4 percent)* from June 2017, and were up 3.1 percent (±0.7 percent) from July 2016. The May 2017 to June 2017 percentage change was revised from up 0.7 percent (±0.4 percent) to up 0.6 percent (±0.4 percent).