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Economic Indicators

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New Residential Construction icon

New Residential Construction

Privately-owned housing starts in December 2020 were at a seasonally adjusted annual rate of 1,669,000. This is 5.8 percent (+/- 11.0%)* above the revised November 2020 estimate of 1,578,000.

Released:
January 21, 2021

Next Release:
February 18, 2021

December 2020

+5.8*
% change

November 2020 (r)

+3.1*
% change

Manufacturing and Trade Inventories and Sales icon

Manufacturing and Trade Inventories and Sales

U.S. total business end-of-month inventories for November 2020 were $1,959.9 billion, up 0.5 percent (+/- 0.1 percent) from last month. U.S. total business sales were $1,480.8 billion, down 0.1 percent (+/- 0.2 percent)* from last month.

Released:
January 15, 2021

Next Release:
February 17, 2021

November 2020

+0.5
% change in Inventories

October 2020 (r)

+0.8
% change in Inventories

Advance Monthly Sales for Retail and Food Services icon

Advance Monthly Sales for Retail and Food Services

U.S. retail and food services sales for December 2020 were $540.9 billion, a decrease of 0.7 percent (+/-0.5%) from the previous month.

Released:
January 15, 2021

Next Release:
February 17, 2021

December 2020

-0.7
% change

November 2020 (r)

-1.4
% change

Business Formation Statistics icon

Business Formation Statistics

Total U.S. Business Applications were 1,115,984 in the fourth quarter of 2020, down 28.5% from third quarter 2020.

Released:
January 14, 2021

Next Release:
February 10, 2021

4th Qtr 2020

-28.5°
% change

3rd Qtr 2020 (r)

+74.7°
% change

Monthly Wholesale Trade icon

Monthly Wholesale Trade

November 2020 sales of merchant wholesalers were $496.7 billion, up 0.2 percent (+/- 0.4 percent)* from last month. End-of-month inventories were $649.8 billion, virtually unchanged (+/- 0.2 percent)* from last month.

Released:
January 8, 2021

Next Release:
February 10, 2021

November 2020

0.0*
% change in Inventories

October 2020 (r)

+1.3
% change in Inventories

U.S. International Trade in Goods and Services icon

U.S. International Trade in Goods and Services

The nation's international trade deficit in goods and services increased to $68.1 billion in November from $63.1 billion in October (revised), as imports increased more than exports.

Released:
January 7, 2021

Next Release:
February 5, 2021

November 2020

68.1°
$ billion

October 2020 (r)

63.1°
$ billion

Manufacturers' Shipments, Inventories, and Orders icon

Manufacturers' Shipments, Inventories, and Orders

New orders for manufactured goods in November increased $5.0 billion or 1.0 percent to $487.2 billion.

Released:
January 6, 2021

Next Release:
February 4, 2021

November 2020

+1.0°
% change

October 2020 (r)

+1.3°
% change

Construction Spending icon

Construction Spending

Total construction activity for November 2020 ($1,459.4 billion) was 0.9 percent (+/-0.8 percent) above the revised October 2020 ($1,446.9 billion).

Released:
January 4, 2021

Next Release:
February 1, 2021

November 2020

+0.9
% change

October 2020 (r)

+1.6*
% change

Advance Monthly Wholesale Inventories icon

Advance Monthly Wholesale Inventories

November end-of-month inventories were $649.0 billion, down 0.1 percent (+/- 0.2 percent)* from last month.

Released:
December 30, 2020

Next Release:
January 28, 2021

November 2020

-0.1*
% change in Inventories

October 2020 (r)

+1.2
% change in Inventories

Advance U.S. International Trade in Goods icon

Advance U.S. International Trade in Goods

The advance international trade deficit in goods increased to $84.8 billion in November from $80.4 billion in October as imports increased more than exports.

Released:
December 30, 2020

Next Release:
January 28, 2021

November 2020

84.8°
$ billion

October 2020

80.4°
$ billion

Advance Monthly Retail Inventories icon

Advance Monthly Retail Inventories

November 2020 end-of-month inventories were $616.9 billion, up 0.7 percent (+/- 0.4%) from last month.

Released:
December 30, 2020

Next Release:
January 28, 2021

November 2020

+0.7
% change in Inventories

October 2020 (r)

+0.9
% change in Inventories

New Residential Sales icon

New Residential Sales

Sales of new single-family houses in November 2020 were at a seasonally adjusted annual rate of 841,000. This is 11.0 percent (+/- 9.5%) below the revised October 2020 estimate of 945,000.

Released:
December 23, 2020

Next Release:
January 28, 2021

November 2020

-11.0
% change

October 2020 (r)

-2.1*
% change

Advance Report on Durable Goods Manufacturers' Shipments, Inventories, and Orders icon

Advance Report on Durable Goods Manufacturers' Shipments, Inventories, and Orders

New orders for manufactured durable goods in November increased $2.2 billion or 0.9 percent to $244.2 billion.

Released:
December 23, 2020

Next Release:
January 27, 2021

November 2020

+0.9°
% change

October 2020 (r)

+1.8°
% change

Quarterly Services Survey icon

Quarterly Services Survey

The estimate of U.S. selected services total revenue for the third quarter of 2020, adjusted for seasonal variation but not for price changes, was $3,929.9 billion, an increase of 7.8 percent (+/- 0.4 percent) from the second quarter of 2020 and down 3.9 percent (+/- 0.2 percent) from the third quarter of 2019.

Released:
December 10, 2020

Next Release:
February 19, 2021

3rd Qtr 2020

+7.8
% change

2nd Qtr 2020 (r)

-9.2
% change

Quarterly Financial Report - Retail Trade icon

Quarterly Financial Report - Retail Trade

Seasonally adjusted after-tax profits for retail corporations with assets of $50 million and over were $43.5 billion for the third quarter 2020 (the 3 months ending October 31, 2020), up $4.7 (+/- 0.2) billion from second quarter 2020 (the 3 months ending July 31, 2020).

Released:
December 8, 2020

Next Release:
March 22, 2021

3rd Qtr 2020

+4.7
$ billion

2nd Qtr 2020 (r)

+24.0
$ billion

Quarterly Financial Report - Manufacturing, Mining, Wholesale Trade, and Selected Service Industries icon

Quarterly Financial Report - Manufacturing, Mining, Wholesale Trade, and Selected Service Industries

Manufacturing corporations' seasonally adjusted after-tax profits were $148.4 billion for the third quarter of 2020, up $100.3 (+/- 0.8) billion from second quarter of 2020.

Released:
December 8, 2020

Next Release:
March 22, 2021

3rd Qtr 2020

+100.3
$ billion

2nd Qtr 2020 (r)

-65.1
$ billion

Rental Vacancy Rate icon

Rental Vacancy Rate

The rental vacancy rate in the third quarter 2020, 6.4 percent, was lower than the rate in the third quarter 2019. The rental vacancy rate in the South was lower than the third quarter 2019 rate. The rental vacancy rates in the Northeast, Midwest, and West were not statistically different from the third quarter 2019 rates.

Released:
October 27, 2020

Next Release:
February 2, 2021

3rd Qtr 2020

+6.4
percent

3rd Qtr 2019

+6.8
percent

Homeownership Rate icon

Homeownership Rate

The homeownership rate in the third quarter 2020, 67.4 percent, was higher than the rate in the third quarter 2019. The homeownership rates in the Midwest, South, and West were higher than the third quarter 2019 rates. The homeownership rate in the Northeast was not statistically different from the third quarter 2019 rate.

Released:
October 27, 2020

Next Release:
February 2, 2021

3rd Qtr 2020

+67.4
percent

3rd Qtr 2019

+64.8
percent

(*) 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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