US Census Bureau: Economic Indicators

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Monthly Wholesale Trade May 2020 sales of merchant wholesalers were $419.1 billion, up 5.4 percent (+/- 0.7 percent) from last month. End-of-month inventories were $642.5 billion, down 1.2 percent (+/- 0.2 percent) from last month. Current Press Release -	Archived Releases - 1990 - present Historic Time Series - 1992 - present, adjusted 1992 - present, not adjusted Time Series/Trend Charts	Released: July 9, 2020 Next Release: August 7, 2020	May 2020 -1.2 % change in Inventories	April 2020 (r) +0.2* % change in Inventories
Manufacturers' Shipments, Inventories, and Orders New orders for manufactured goods in May increased $30.5 billion or 8.0 percent to $412.8 billion. Current Press Release -	Archived Releases - 1992 - present Historic Time Series - 1992 - present (NAICS) 1958 - 2001 (SIC) Time Series/Trend Charts	Released: July 2, 2020 Next Release: August 4, 2020	May 2020 +8.0° % change	April 2020 (r) -13.5° % change
U.S. International Trade in Goods and Services The nation's international trade deficit in goods and services increased to $54.6 billion in May from $49.8 billion in April (revised), as exports decreased more than imports. Current Press Release -	Archived Releases - 1991 - present Historic Time Series - US Trade Data (various) Country&Product Data (various) Time Series/Trend Charts	Released: July 2, 2020 Next Release: August 5, 2020	May 2020 54.6° $ billion	April 2020 (r) 49.8° $ billion
Construction Spending Total construction activity for May 2020 ($1,356.4 billion) was 2.1 percent (+/-1.0 percent) below the revised April 2020 ($1,386.1 billion). Current Press Release -	Archived Releases - 2003 - present Historic Time Series - 1993 - present (new format) 1964 - 2001 (legacy format) Time Series/Trend Charts	Released: July 1, 2020 Next Release: August 3, 2020	May 2020 -2.1 % change	April 2020 (r) -3.5* % change
Advance U.S. International Trade in Goods The advance international trade deficit in goods increased to $74.3 billion in May from $70.7 billion in April as exports decreased more than imports. Current Press Release -	Archived Releases - 2016 - present Historic Time Series - Time Series/Trend Charts	Released: June 25, 2020 Next Release: July 29, 2020	May 2020 74.3° $ billion	April 2020 70.7° $ billion
Advance Report on Durable Goods Manufacturers' Shipments, Inventories, and Orders New orders for manufactured durable goods in May increased $26.6 billion or 15.8 percent to $194.4 billion. Current Press Release -	Archived Releases - 1992 - present Historic Time Series - 1992 - present (NAICS) 1958 - 2001 (SIC) Time Series/Trend Charts	Released: June 25, 2020 Next Release: July 27, 2020	May 2020 +15.8° % change	April 2020 (r) -18.1° % change
Advance Monthly Wholesale Inventories May end-of-month inventories were $642.2 billion, down 1.2 percent (+/- 0.2 percent) from last month. Current Press Release -	Archived Releases - 2016 - present Historic Time Series - Time Series/Trend Charts	Released: June 25, 2020 Next Release: July 29, 2020	May 2020 -1.2 % change in Inventories	April 2020 (r) +0.2* % change in Inventories
Advance Monthly Retail Inventories May 2020 end-of-month inventories were $604.5 billion, down 6.1 percent (+/- 0.2%) from last month. Current Press Release -	Archived Releases - 2016 - present Historic Time Series - Time Series/Trend Charts	Released: June 25, 2020 Next Release: July 29, 2020	May 2020 -6.1 % change in Inventories	April 2020 (r) -3.8 % change in Inventories
New Residential Sales Sales of new single-family houses in May 2020 were at a seasonally adjusted annual rate of 676,000. This is 16.6 percent (+/- 15.5%) above the revised April 2020 estimate of 580,000. Current Press Release -	Archived Releases - 1995 - present Historic Time Series - 1963 - present Time Series/Trend Charts	Released: June 23, 2020 Next Release: July 24, 2020	May 2020 +16.6 % change	April 2020 (r) -5.2* % change
New Residential Construction Privately-owned housing starts in May 2020 were at a seasonally adjusted annual rate of 974,000. This is 4.3 percent (+/- 15.5%)* above the revised April 2020 estimate of 934,000. Current Press Release -	Archived Releases - 1995 - present Historic Time Series - 1959 - present Time Series/Trend Charts	Released: June 17, 2020 Next Release: July 17, 2020	May 2020 +4.3* % change	April 2020 (r) -26.4 % change
Manufacturing and Trade Inventories and Sales U.S. total business end-of-month inventories for April 2020 were $1,981.2 billion, down 1.3 percent (+/- 0.1 percent) from last month. U.S. total business sales were $1,184.8 billion, down 14.4 percent (+/-0.2 percent) from last month. Current Press Release -	Archived Releases - 1996 - present Historic Time Series - Time Series/Trend Charts	Released: June 16, 2020 Next Release: July 16, 2020	April 2020 -1.3 % change in Inventories	March 2020 (r) -0.3 % change in Inventories
Advance Monthly Sales for Retail and Food Services U.S. retail and food services sales for May 2020 were $485.5 billion, an increase of 17.7 percent (+/-0.5%) from the previous month. Current Press Release -	Archived Releases - 1953 - present Historic Time Series - 1992 - present Time Series/Trend Charts	Released: June 16, 2020 Next Release: July 16, 2020	May 2020 +17.7 % change	April 2020 (r) -14.7 % change
Quarterly Services Survey The estimate of U.S. selected services total revenue for the first quarter of 2020, adjusted for seasonal variation but not for price changes, was $4,008.5 billion, a decrease of 2.9 percent (+/- 0.4 percent) from the fourth quarter of 2019 and up 0.8 percent (+/- 0.4 percent) from the first quarter of 2019. Current Press Release -	Archived Releases - 2004 - present Historic Time Series - 2004 - present Time Series/Trend Charts	Released: June 11, 2020 Next Release: August 19, 2020	1st Qtr 2020 -2.9 % change	4th Qtr 2019 (r) +1.0 % change
Quarterly Financial Report - Retail Trade Seasonally adjusted after-tax profits for retail corporations with assets of $50 million and over were $24.0 billion for the first quarter 2020 (the 3 months ending April 30, 2020), down $5.6 (+/- 0.2) billion from fourth quarter 2019 (the 3 months ending January 31, 2020). Current Press Release -	Archived Releases - 1993 - present Historic Time Series - Time Series/Trend Charts	Released: June 8, 2020 Next Release: September 8, 2020	1st Qtr 2020 -5.6 $ billion	4th Qtr 2019 (r) +5.1 $ billion
Quarterly Financial Report - Manufacturing, Mining, Wholesale Trade, and Selected Service Industries Manufacturing corporations' seasonally adjusted after-tax profits were $111.7 billion for the first quarter of 2020, down $38.8 (+/- 0.3) billion from fourth quarter of 2019. Current Press Release -	Archived Releases - 1993 - present Historic Time Series - Time Series/Trend Charts	Released: June 8, 2020 Next Release: September 8, 2020	1st Qtr 2020 -38.8 $ billion	4th Qtr 2019 (r) +4.9 $ billion
Rental Vacancy Rate The rental vacancy rate in the first quarter 2020, 6.6 percent, was lower than the rate in the first quarter 2019. The rental vacancy rate in the South was lower than the first quarter 2019 rates. Rental vacancy rates in the Northeast, Midwest, and West were not statistically different from the first quarter 2019 rates. Current Press Release -	Archived Releases - 1994 - present Historic Time Series - 1956 - present Time Series/Trend Charts	Released: April 28, 2020 Next Release: July 28, 2020	1st Qtr 2020 +6.6 percent	1st Qtr 2019 +7.0 percent
Homeownership Rate The homeownership rate in the first quarter 2020, 65.3 percent, was higher than the rate in the first quarter 2019. The homeownership rates in the Northeast, Midwest, and South were higher than the first quarter 2019 rates. The rate in the West was not statistically different from the first quarter 2019 rate. Current Press Release -	Archived Releases - 1994 - present Historic Time Series - 1956 - present Time Series/Trend Charts	Released: April 28, 2020 Next Release: July 28, 2020	1st Qtr 2020 +65.3 percent	1st Qtr 2019 +64.2 percent
Business Formation Statistics Total U.S. Business Applications were 842,614 in the first quarter of 2020, down 4.5% from fourth quarter 2019. Current Press Release -	Archived Releases - 2019 - present Historic Time Series - 2004 - present Time Series/Trend Charts	Released: April 15, 2020 Next Release: July 15, 2020	1st Qtr 2020 -4.5° % change	4th Qtr 2019 (r) +2.5° % change

(*) The 90% confidence interval includes zero. The Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero.

(°) Statistical significance is not applicable or not measurable for these surveys. The Manufacturers’ Shipments, Inventories and Orders estimates are not based on a probability sample, so we can neither measure the sampling error of these estimates nor compute confidence intervals.

(r) Revised.

All estimates are seasonally adjusted except for the Rental Vacancy Rate and Home Ownership Rate. None of the estimates are adjusted for price changes.

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