U.S. Trade Deficit Up $3.5 Billion In March

The United States’ international trade deficit widened by $3.5 billion in March from the previous month, the Census Bureau reported.

• The trade deficit was recorded at $90.6 billion in March from $87.1 billion in February.
• Exports rose by $11.4 billion to $142 billion, while imports grew by $14.9 billion to $232.6 billion.
• Wholesale inventories jumped 1.4% (±0.4%) to $693.4 billion in February, and up 4.5% (±1.1%) from March 2020.
• Retail inventories for the month fell 1.4% (±0.2%) to $613.2 billion from February 2021, and down 7.4% (±0.7%) year-on-year.
• The data excludes shipments between the United States and its territories and possessions; transactions with its military, diplomatic, and consular installations abroad; goods returned by the Armed Forces; personal and household effects of travelers; and in-transit shipments.