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“The international trade deficit was $77.2 billion in October, up $1.0 billion from $76.3 billion in September,” the U.S. Census Bureau announced on Wednesday.

Key takeaways from the press release

  • Exports of goods for October were $140.5 billion, $0.8 billion less than September exports.
  • Imports of goods for October were $217.8 billion, $0.2 billion more than September imports.
  • Wholesale inventories for October were estimated at an end-of-month level of $650.4 billion, up 0.7 percent  from September 2018, and were up 6.6 percent  from October 2017.
  • Retail inventories for October were estimated at an end-of-month level of $648.5 billion, up 0.9 percent from September 2018, and were up 4.0 percent from October 2017.