The trade deficit in the United States stood at $147.9 billion in February, decreasing by $7.7 billion from January's figure, coming below analysts' expectations, the US Census Bureau revealed in its preliminary report on Thursday.
Exports of goods rose by $7.0 billion from the previous month to reach $178.6 billion in the reported month, while imports were down by $600 million month-on-month to stand at $326.5 billion.
Wholesale inventories climbed by 0.3% on a monthly basis to an estimated end-of-month level of $902.9 billion in February. The figure jumped by 1.1% compared to the same month 2024.
