The U.S. trade deficit in goods increased to $134.9 billion in September, surpassing the consensus estimate of $129.0 billion and rising from $132.1 billion in August. According to the advance data from the U.S. Census Bureau released on Wednesday, exports rose to $209.2 billion, representing an increase of $5.3 billion from August. Imports also climbed to $344.1 billion, a rise of $8.1 billion compared to the previous month.
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Additionally, wholesale inventories at the end of September were estimated at $1,011.5 billion, reflecting a 0.6% increase from the prior month and a 7.4% rise year-over-year. Retail inventories were estimated at $885.3 billion, which is a 0.3% month-over-month increase and up 4.8% from the same time last year.