US Trade Deficit Declines Slightly, as Retail Inventory Growth Slows

Stacks of goods are pictured at Amazon's fulfillment center in Robbinsville, N.J., on Nov. 29, 2021. Mike Segar/Reuters

The U.S. trade deficit declined by $1 billion in February to $106.6 billion, or 0.9 percent, from $107.6 billion in January, reported the U.S. Census Bureau on March 28.

The goods deficit topped $1 trillion for the very first time last year for an all-time high.