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FOR IMMEDIATE RELEASE: Friday, June 26, 2026

Advance Economic Indicators Report - May 2026

CB26-110



Advance International Trade in Goods
The international trade deficit was $105.8 billion in May, up $22.7 billion from $83.0 billion in April. Exports of goods for May were $207.7 billion, $11.8 billion less than April exports. Imports of goods for May were $313.4 billion, $10.9 billion more than April imports.


Advance Wholesale Inventories
Wholesale inventories for May, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $944.0 billion, up 0.3 percent (±0.2 percent) from April 2026, and were up 4.3 percent (±1.2 percent) from May 2025. The March 2026 to April 2026 percentage change was revised from the preliminary estimate of up 0.6 percent (±0.4 percent) to up 0.7 percent (±0.4 percent).

Advance Retail Inventories
Retail inventories for May, adjusted for seasonal variations and trading day differences, but not for price changes, were estimated at an end-of-month level of $832.2 billion, up 0.6 percent (±0.2 percent) from April 2026, and were up 3.4 percent (±0.5 percent) from May 2025. The March 2026 to April 2026 percentage change was unrevised from the preliminary estimate of up 0.7 percent (±0.2 percent).

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