International Trade Deficit $99.0 Billion; up $7.1 Billion in October

Advance International Trade in Goods
The international trade deficit was $99.0 billion in October, up $7.1 billion from $91.9 billion in September. Exports of goods for October were $173.7 billion, $4.7 billion less than September exports. Imports of goods for October were $272.7 billion, $2.4 billion more than September imports.

Advance Wholesale Inventories
Wholesale inventories for October, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $925.8 billion, up 0.8% (±0.4%) from September 2022, and were up 22.1% (±0.9%) from October 2021. The August 2022 to September 2022 percentage change was unrevised from the preliminary estimate of up 0.6% (±0.4%).

Advance Retail Inventories
Retail inventories for October, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $739.5 billion, down 0.2% (±0.2%)* from September 2022, and were up 21.1% (±0.5%) from October 2021. The August 2022 to September 2022 percentage change was revised from up 0.4% (±0.2%) to down 0.1% (±0.2%)*.