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Advance Economic Indicators Report - May 2023
The U.S. Census Bureau announced the following international trade, wholesale inventories, and retail inventories advance statistics for May 2023. The international trade deficit was $91.1 billion in May, down $6.0 billion from $97.1 billion in April. Exports of goods for May were $162.8 billion, $1.0 billion less than April exports. Imports of goods for May were $254.0 billion, $6.9 billion less than April imports. Advance Wholesale Inventories Wholesale inventories for May, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $912.9 ... (full story)