Wholesale inventories +1.3% in January

Advance International Trade in Goods
The international trade deficit was $83.7 billion in January, up $0.5 billion from $83.2 billion in December. Exports of goods for January were $135.2 billion, $1.9 billion more than December exports. Imports of goods for January were $218.9 billion, $2.5 billion more than December imports.

Advance Wholesale Inventories
Wholesale inventories for January, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $661.6 billion, up 1.3 percent (±0.4 percent) from December 2020, and were up 0.5 percent (±0.7 percent) from January 2020. The November 2020 to December 2020 percentage change was revised from up 0.3 percent (±0.4 percent)* to up 0.5 percent (±0.4 percent).

Advance Retail Inventories
Retail inventories for January, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $625.1 billion, down 0.6 percent (±0.2 percent) from December 2020, and were down 5.8 percent (±0.5 percent) from January 2020. The November 2020 to December 2020 percentage change was revised from up 1.2 percent (±0.2 percent) to up 1.9 percent (±0.2 percent).