New Residential Sales
January 26th, 2023
Sales of new single-family houses in December 2022 were at a seasonally adjusted annual rate of 616,000. This is 2.3 percent (+/- 18.5%)* above the revised November 2022 estimate of 602,000.
Sales of new single-family houses in December 2022 were at a seasonally adjusted annual rate of 616,000. This is 2.3 percent (+/- 18.5%)* above the revised November 2022 estimate of 602,000.
December end-of-month inventories were $934.1 billion, up 0.1 percent (+/- 0.2 percent)* from last month.
The advance international trade deficit in goods increased to $90.3 billion in December from $82.9 billion in November as exports decreased and imports increased.
December 2022 end-of-month inventories were $742.2 billion, up 0.5 percent (+/- 0.2%) from last month.
New orders for manufactured durable goods in December, up four of the last five months, increased $15.3 billion or 5.6 percent to $286.9 billion, the U.S. Census Bureau announced today.
Privately-owned housing starts in December 2022 were at a seasonally adjusted annual rate of 1,382,000. This is 1.4 percent (+/- 16.9%)* below the revised November 2022 estimate of 1,401,000.
+0.4
+0.2
U.S. total business end-of-month inventories for November 2022 were $2,476.5 billion, up 0.4 percent (+/- 0.1 percent) from last month. U.S. total business sales were $1,838.2 billion, down 0.8 percent (+/- 0.2 percent) from last month.
-1.1
-1.0
U.S. retail and food services sales for December 2022 were $677.1 billion, down 1.1 percent (+/-0.5 percent) from the previous month.
Total U.S. Business Applications were 417,055 in December 2022, down 0.3% from November 2022.
+1.0
+0.6
November 2022 sales of merchant wholesalers were $693.7 billion, down 0.6 percent (+/- 0.5 percent) from last month. End-of-month inventories were $933.1 billion, up 1.0 percent (+/- 0.4 percent) from last month.
New orders for manufactured goods in November, down following three consecutive monthly increases, decreased $9.8 billion or 1.8 percent to $543.3 billion.
The nation's international trade deficit in goods and services decreased to $61.5 billion in November from $77.8 billion in October (revised), as imports decreased more than exports.
Total construction activity for November 2022 ($1,807.5 billion) was 0.2 percent (+/-0.8 percent)* above the revised October 2022 ($1,803.2 billion).
+2.2
+2.3
U.S. selected services total revenue for the third quarter of 2022, adjusted for seasonal variation but not for price changes, was $5,064.2 billion, an increase of 2.2 percent (+/- 0.4 percent) from the second quarter of 2022 and up 9.0 percent (+/- 0.6 percent) from the third quarter of 2021.
-19.4
+4.9
Manufacturing corporations' seasonally adjusted after-tax profits were $250.2 billion for the third quarter of 2022, down $19.4 (+/- 1.8) billion from second quarter of 2022.
-21.8
+8.2
Seasonally adjusted after-tax profits for retail corporations with assets of $50 million and over were $21.0 billion for the third quarter 2022 (the 3 months ending October 31, 2022), down $21.8 (+/- 0.5) billion from second quarter 2022 (the 3 months ending July 31, 2022).
+66.0
+65.4
The homeownership rate in the third quarter 2022, 66.0 percent, was higher than the rate in the third quarter 2021. The rates in the Northeast and West were higher than the third quarter 2021 rates. The rate in the Midwest was lower, and the rate in the South was not statistically different from the third quarter 2021 rates.
+6.0*
+5.8
The rental vacancy rate in the third quarter 2022, 6.0 percent, was not statistically different from the rate in the third quarter 2021. The rates in the Northeast, Midwest, South, and West were not statistically different from the third quarter 2021 rates.