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FOR IMMEDIATE RELEASE: Thursday, March 27, 2025

Advance Economic Indicators Report - February 2025

CB25-50



Advance International Trade in Goods
The international trade deficit was $147.9 billion in February, down $7.7 billion from $155.6 billion in January. Exports of goods for February were $178.6 billion, $7.0 billion more than January exports. Imports of goods for February were $326.5 billion, $0.6 billion less than January imports.


Advance Wholesale Inventories
Wholesale inventories for February, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $902.9 billion, up 0.3 percent (±0.2 percent) from January 2025, and were up 1.1 percent (±0.7 percent) from February 2024. The December 2024 to January 2025 percentage change was unrevised from up 0.8 percent (±0.2 percent).

Advance Retail Inventories
Retail inventories for February, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $823.0 billion, up 0.1 percent (±0.2 percent)* from January 2025, and were up 4.6 percent (±0.7 percent) from February 2024. The December 2024 to January 2025 percentage change was revised from the preliminary estimate of virtually unchanged (±0.2 percent)* to up 0.1 percent (±0.2 percent)*.

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