May wholesale inventories dip 0.3% from April
May wholesale inventories were estimated at an end-of-month level of $905.4 billion, down 0.3% (±0.2%) from April 2025, and were up 1.4% (±0.5%) from May 2024.
The March 2025 to April 2025 percentage change was revised from the preliminary estimate of up 0.2% (±0.4%)* to up 0.1% (±0.4%). Figures were adjusted for seasonal variations and trading day differences, but not for price changes.
The international trade deficit was $96.6 billion in May, up $9.6 billion from $87.0 billion in April. Exports of goods for May were $179.2 billion, $9.7 billion less than April exports. Imports of goods for May were $275.8 billion, $0.1 billion less than April imports.
Advance Retail Inventories
Retail inventories for May were estimated at an end-of-month level of $806.6 billion, up 0.3% (±0.2%) from April 2025, and were up 3.2% (±0.7%) from May 2024. The March 2025 to April 2025 percentage change was unrevised from the preliminary estimate of virtually unchanged (±0.2%). Inventories were also adjusted for seasonal variations and trading day differences, but not for price changes.