US International Trade Deficit Widens by $0.8 Billion in August

US International Trade Deficit Widens by $0.8 Billion in August

(Census Bureau) The US registered an international trade deficit of $87.6 billion in August, up by $0.8 billion from July.

Advance international trade, wholesales, and retail inventories, month-on-month.

Exports of goods rose by $1.1 billion from July to post $149.0 billion in August. Imports surged by a higher $1.9 billion to $236.6 billion in August.

Wholesale inventories rose by 1.2% to $731.0 billion in August from July. The inventories were up 12.3% year over year.

Retail inventories were up by 0.1% to $603.3 billion in August from July. The inventories were up 2.3% from the same period of last year.

SPY is down -0.66% on premarket, DXY is up +0.31%.

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