Advance International Trade in Goods
The international trade deficit was $98.5 billion in December, up $15.8 billion from $82.8 billion in November. Exports of goods for December were $180.0 billion, $5.6 billion less than November exports. Imports of goods for December were $278.6 billion, $10.2 billion more than November imports.
Advance Wholesale Inventories
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 $917.2 billion, up 0.2 percent (±0.4 percent)* from November 2025, and were up 2.8 percent (±1.1 percent) from December 2024. The October 2025 to November 2025 percentage change was unrevised from the preliminary estimate of up 0.2 percent (±0.2 percent)*.
Advance Retail Inventories
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 $812.5 billion, virtually unchanged (±0.2 percent)* from November 2025, and were up 0.8 percent (±0.5 percent) from December 2024. The October 2025 to November 2025 percentage change was revised from the preliminary estimate of down 0.1 percent (±0.2 percent)* to down 0.5 percent (±0.2 percent).
Additional Release Tables in PDF and Excel
