U.S. international trade deficit was $90.3 billion in November 2023, up $0.7 billion from $89.6 billion in October. Exports of goods for November were $165.1 billion, $6.2 billion less than October exports. Imports of goods for November were $255.4 billion, $5.5 billion less than October imports, the U.S. Census Bureau announced.
Advance Wholesale Inventories
Wholesale inventories for November, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $895.7 billion, down 0.2% from October 2023, and were down 3.1% from November 2022. The September 2023 to October 2023 percentage change was revised from down 0.4% to down 0.3%.
Advance Retail Inventories
Retail inventories for November, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $794.9 billion, down 0.1% from October 2023, and were up 5.1% from November 2022. The September 2023 to October 2023 percentage change was unrevised from the preliminary estimate of down 0.1%.
