Wholesale inventories +0.4%, Retail Inventories decline in April

Advance International Trade in Goods 
The international trade deficit was $69.7 billion in April, up $4.7 billion from $65.0 billion in March. Exports of goods for April were $95.4 billion, $32.2 billion less than March exports. Imports of goods for April were $165.0 billion, $27.5 billion less than March imports. 

Advance Wholesale Inventories 

Wholesale inventories for April, adjusted for seasonal variations but not for price changes, were estimated at an end-of -month level of $651.5 billion, up 0.4 percent (±0.2 percent) from March 2020, and were down 2.6 percent (±0.9 percent) from April 2019. The February 2020 to March 2020 percentage change was revised from down 0.8 percent (±0.2 percent) to down 1.0 percent (±0.2 percent). 

Advance Retail Inventories 
Retail inventories for April, adjusted for seasonal variations but not for price changes, were estimated at an end-of -month level of $644.9 billion, down 3.6 percent (±0.2 percent) from March 2020, and were down 3.1 percent (±0.5 percent) from April 2019. The February 2020 to March 2020 percentage change was revised from up 1.0 percent (±0.2 percent) to up 1.2 percent (±0.2 percent).