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Economic Indicators

Monthly Wholesale Inventories

December 7th, 2023

October 2023

-0.4*

% change in inventories

September 2023(r)

0.0*

% change in inventories

Released: December 7th, 2023 Next Release: January 10th, 2024

October 2023 sales of merchant wholesalers were $667.9 billion, down 1.3 percent (+/- 0.5 percent) from last month. End-of-month inventories were $897.1 billion, down 0.4 percent (+/- 0.4 percent)* from last month.

Press Release

Quarterly Profits - Retailers'

December 6th, 2023

3rd Quarter 2023

-3.7

$ billion

2nd Quarter 2023(r)

+16.6

$ billion

Released: December 6th, 2023 Next Release: March 18th, 2024

Seasonally adjusted after-tax profits for retail corporations with assets of $50 million and over were $46.5 billion for the third quarter 2023 (the 3 months ending October 31, 2023), down $3.7 (+/- 0.7) billion from second quarter 2023 (the 3 months ending July 31, 2023).

Press Release

3rd Quarter 2023

+21.1

$ billion

2nd Quarter 2023(r)

-24.5

$ billion

Released: December 6th, 2023 Next Release: March 18th, 2024

Manufacturing corporations' seasonally adjusted after-tax profits were $226.6 billion for the third quarter of 2023, up $21.1 (+/- 0.8) billion from second quarter of 2023.

Press Release

October 2023

64.3°

$ billion

September 2023(r)

61.2°

$ billion

Released: December 6th, 2023 Next Release: January 9th, 2024

The nation's international trade deficit in goods and services increased to $64.3 billion in October from $61.2 billion in September (revised), as imports increased and exports decreased.

Press Release

October 2023

89.8°

$ billion

September 2023

86.8°

$ billion

Released: November 29th, 2023 Next Release: December 28th, 2023

The advance international trade deficit in goods increased to $89.8 billion in October from $86.8 billion in September as exports decreased and imports were virtually unchanged.

Press Release

New Residential Sales

November 27th, 2023

October 2023

-5.6*

% change

September 2023(r)

+8.6*

% change

Released: November 27th, 2023 Next Release: December 22nd, 2023

Sales of new single-family houses in October 2023 were at a seasonally adjusted annual rate of 679,000. This is 5.6 percent (+/- 12.3%)* below the revised September 2023 estimate of 719,000.

Press Release

Selected Services Revenue

November 17th, 2023

3rd Quarter 2023

+0.7

% change

2nd Quarter 2023(r)

+1.2

% change

Released: November 17th, 2023 Next Release: December 12th, 2023

Advance U.S. selected services total revenue for the third quarter of 2023, adjusted for seasonal variation but not for price changes, was $5,291.9 billion, an increase of 0.7 percent (+/- 0.4 percent) from the second quarter of 2023 and up 6.5 percent (+/- 0.6 percent) from the third quarter of 2022.

Press Release

New Residential Construction

November 17th, 2023

October 2023

+1.9*

% change

September 2023(r)

+3.1*

% change

Released: November 17th, 2023 Next Release: December 19th, 2023

Privately-owned housing starts in October 2023 were at a seasonally adjusted annual rate of 1,372,000. This is 1.9 percent (+/- 13.5%)* above the revised September 2023 estimate of 1,346,000.

Press Release

Business Inventories

November 15th, 2023

September 2023

+0.4

% change in inventories

August 2023(r)

+0.4

% change in inventories

Released: November 15th, 2023 Next Release: December 14th, 2023

U.S. total business end-of-month inventories for September 2023 were $2,559.2 billion, up 0.4 percent (+/- 0.1 percent) from last month. U.S. total business sales were $1,879.3 billion, up 1.1 percent (+/- 0.2 percent) from last month.

Press Release

Homeownership Rate

October 31st, 2023

3rd Quarter 2023

+66.0*

percent

3rd Quarter 2022

+66.0

percent

Released: October 31st, 2023 Next Release: January 30th, 2024

The homeownership rate in the third quarter 2023, 66.0 percent, was virtually the same as the rate in the third quarter 2022. The rates in the Northeast, Midwest, South, and West were not statistically different from the third quarter 2022 rates.

Press Release

Rental Vacancy Rate

October 31st, 2023

3rd Quarter 2023

+6.6

percent

2nd Quarter 2022

+6.0

percent

Released: October 31st, 2023 Next Release: January 30th, 2024

The rental vacancy rate in the third quarter 2023, 6.6 percent, was higher than the rate in the third quarter 2022. Compared to the rates in the third quarter 2022, the third quarter 2023 rates in the South and West were higher, and the rates in the Northeast and Midwest were not statistically different.

Press Release