April 28, 2021
The advance international trade in goods recorded a deficit of $90.6 billion in March 2021, up $3.5 billion from $87.1 billion in February 2021. Exports of goods for March were $142.0 billion, $11.4 billion more than exports reported in February. Imports of goods for March amounted to $232.6 billion, $14.9 billion more than February imports of $217.74 billion.
The March advance wholesale inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $693.4 billion, this represents a 1.4% (±0.4%) increase from February 2021($684.1 billion) and a 4.5% (±1.1%) rise relative to March 2020 ($663.7 billion). The January 2021 to February 2021 percentage change was revised from up 0.6% (±0.4%) to up 0.9 percent (±0.4%).
Retail inventories for March were projected to be $613.2 billion at the end of the month, down 1.4% (±0.2%) from February 2021 ($622.0 billion) and 7.4% (±0.7%) from March 2020 ($662.1 billion), after adjusting for seasonal variations and trading day differences, but not for price changes. The percentage change from January 2021 to February 2021 was updated from virtually unchanged (±0.2%) to up 0.1% (±0.4%).
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