January 27, 2022

Every month the U.S Census Bureau releases an array of statistics pertinent to the economy.  For December 2021, the Bureau published statistics for the monthly movement in international trade, wholesale inventories and retail inventories.

The United States of America’s international trade deficit was $101.0 billion in December, up $2.9 billion from $98.0 billion in November 2021.  Exports of goods for December were $157.3 billion, $2.2 billion more than November exports. Imports of goods for December were $258.3 billion, $5.1 billion more than November imports.

Wholesale inventories for December, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $789.4 billion, up 2.1 percent (±0.4 percent) from November 2021, and were up 18.3 percent (±1.6 percent) from December 2020.  The October 2021 to November 2021 percentage change was revised from up 1.4 percent (±0.4 percent) to up 1.7 percent (±0.4 percent).

Retail inventories for December, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $643.8 billion, up 4.4 percent (±0.2 percent) from November 2021. These results were up 3.8 percent (±0.9 percent) from December 2020.  The October 2021 to November 2021 percentage change was unrevised from the preliminary estimate of up 2.0 percent (±0.2 percent).

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