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Economic Indicators

Business Inventories

April 15th, 2024

February 2024

+0.4

% change in inventories

January 2024(r)

0.0*

% change in inventories

Released: April 15th, 2024 Next Release: May 15th, 2024

U.S. total business end-of-month inventories for February 2024 were $2,567.5 billion, up 0.4 percent (+/- 0.1 percent) from last month. U.S. total business sales were $1,866.5 billion, up 1.6 percent (+/- 0.2 percent) from last month.

Press Release

February 2024

+0.5

% change in inventories

January 2024(r)

-0.2*

% change in inventories

Released: April 10th, 2024 Next Release: May 8th, 2024

February 2024 sales of merchant wholesalers were $673.7 billion, up 2.3 percent (+/- 0.4 percent) from last month. End-of-month inventories were $901.1 billion, up 0.5 percent (+/- 0.4 percent) from last month.

Press Release

February 2024

68.9°

$ billion

January 2024(r)

67.6°

$ billion

Released: April 4th, 2024 Next Release: May 2nd, 2024

The nation's international trade deficit in goods and services increased to $68.9 billion in February from $67.6 billion in January (revised), as imports increased more than exports.

Press Release

February 2024

91.8°

$ billion

January 2024

90.5°

$ billion

Released: March 29th, 2024 Next Release: April 25th, 2024

The advance international trade deficit in goods increased to $91.8 billion in February from $90.5 billion in January as imports increased more than exports.

Press Release

New Residential Sales

March 25th, 2024

February 2024

-0.3*

% change

January 2024(r)

+1.7*

% change

Released: March 25th, 2024 Next Release: April 23rd, 2024

Sales of new single-family houses in February 2024 were at a seasonally adjusted annual rate of 662,000. This is 0.3 percent (+/- 16.2%)* below the revised January 2024 estimate of 664,000.

Press Release

New Residential Construction

March 19th, 2024

February 2024

+10.7*

% change

January 2024(r)

-12.3

% change

Released: March 19th, 2024 Next Release: April 16th, 2024

Privately-owned housing starts in February 2024 were at a seasonally adjusted annual rate of 1,521,000. This is 10.7 percent (+/- 14.2%)* above the revised January 2024 estimate of 1,374,000.

Press Release

4th Quarter 2023

-30.2

$ billion

3rd Quarter 2023(r)

+23.2

$ billion

Released: March 18th, 2024 Next Release: June 10th, 2024

Manufacturing corporations' seasonally adjusted after-tax profits were $194.8 billion for the fourth quarter of 2023, down $30.2 (+/- 1.5) billion from third quarter of 2023.

Press Release

4th Quarter 2023

+4.4

$ billion

3rd Quarter 2023(r)

-5.6

$ billion

Released: March 18th, 2024 Next Release: June 10th, 2024

Seasonally adjusted after-tax profits for retail corporations with assets of $50 million and over were $48.3 billion for the fourth quarter 2023 (the 3 months ending January 31, 2024), up $4.4 (+/- 2.6) billion from third quarter 2023 (the 3 months ending October 31, 2023).

Press Release

Selected Services Revenue

March 13th, 2024

4th Quarter 2023

+1.9

% change

3rd Quarter 2023(r)

+0.7

% change

Released: March 13th, 2024 Next Release: May 22nd, 2024

U.S. selected services total revenue for the fourth quarter of 2023, adjusted for seasonal variation but not for price changes, was $5,398.9 billion, an increase of 1.9 percent (+/- 0.6 percent) from the third quarter of 2023 and up 6.6 percent (+/- 0.6 percent) from the fourth quarter of 2022.

Press Release

Homeownership Rate

January 30th, 2024

4th Quarter 2023

+65.7*

percent

4th Quarter 2022

+65.9

percent

Released: January 30th, 2024 Next Release: April 30th, 2024

The homeownership rate of 65.7 percent was not statistically different from the rate in the fourth quarter 2022 (65.9 percent). The homeownership rates, compared to the fourth quarter 2022, were lower in the Northeast and West, higher in the South, and not statistically different in the Midwest.

Press Release

Rental Vacancy Rate

January 30th, 2024

4th Quarter 2023

+6.6

percent

4th Quarter 2022

+5.8

percent

Released: January 30th, 2024 Next Release: April 30th, 2024

The rental vacancy rate of 6.6 percent was higher than the rate in the fourth quarter 2022 (5.8 percent). Compared to fourth quarter 2022, the rental vacancy rate was higher in the South and West, and the rates were not statistically different in the Northeast and Midwest.

Press Release