Economic Buzz: US wholesale inventories up 0.7% in January
The international trade deficit was $153.3 billion in January, up $31.2 billion from $122.0 billion in December. Exports of goods for January were $172.2 billion, $3.3 billion more than December exports. Imports of goods for January were $325.4 billion, $34.6 billion more than December imports.
Wholesale inventories for January were estimated at an end-of-month level of $905.2 billion, up 0.7 percent from December 2024, and were up 1.1 percent from January 2024.
The November 2024 to December 2024 percentage change was revised from the preliminary estimate of down 0.5 percent to down 0.4 percent.
Retail inventories for January were estimated at an end-of-month level of $821.3 billion, down 0.1 percent from December 2024, and were up 4.9 percent from January 2024.
The November 2024 to December 2024 percentage change was revised from the preliminary estimate of down 0.4 percent to down 0.5 percent.
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