US Trade Deficit Estimated to Have Increased by $2.9 Billion in December

Source: Census Bureau

The US posted an international trade deficit of $101.0 billion in the last month of 2021, an increase of $2.9 billion from November. SPY is up +1.48%, DXY is up +0.16%.

• Goods exports improved by $2.2 billion in December to $157.3 billion, although imports increased by a higher $5.1 billion to $258.3 billion.
• Wholesale inventories ended the month at $789.4 billion, an increase of 2.1% from November. The inventories were 18.3% higher than December 2020.
• Retail inventories were $643.8 billion, an increase of 4.4% from November. The inventories were 3.8% higher than the prior year.