Retail Inventories +1% M/M, Wholesale inventories +0.1% in December

Advance International Trade in Goods 

The international trade deficit was $82.5 billion in December, down $3.0 billion from $85.5 billion in November. Exports of goods for December were $133.4 billion, $5.9 billion more than November exports. Imports of goods for December were $215.9 billion, $2.9 billion more than November imports. 

Advance Wholesale Inventories 

Wholesale inventories for December, adjusted for seasonal variations but not for price changes, were estimated at an end-of -month level of $650.4 billion, up 0.1 percent (±0.4 percent)* from November 2020, and were down 1.8 percent (±0.9 percent) from December 2019. The October 2020 to November 2020 percentage change was unrevised from the preliminary estimate of virtually unchanged (±0.2 percent).

Advance Retail Inventories

 Retail inventories for December, adjusted for seasonal variations but not for price changes, were estimated at an end-of -month level of $624.1 billion, up 1.0 percent (±0.2 percent) from November 2020, and were down 5.8 percent (±0.5 percent) from December 2019. The October 2020 to November 2020 percentage change was revised from up 0.7 percent (±0.2 percent) to up 0.8 percent (±0.2 percent).