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“The international trade deficit was $75.8 billion in August, up $3.8 billion from $72.0 billion in July,” the U.S. Census Bureau announced on Thursday.

Key highlights from the press release

  • Exports of goods for August were $137.9 billion, $2.3 billion less than July exports.
  • Imports of goods for August were $213.7 billion, $1.5 billion more than July imports.
  • Wholesale inventories for August were estimated at an end-of-month level of $641.5 billion, up 0.8 percent  from July 2018, and were up 5.1 percent from August 2017.  
  • Retail inventories for August were estimated at an end-of-month level of $643.0 billion, up 0.7 percent from July 2018, and were up 2.3 percent from August 2017.