Advance Wholesale Inventories
March 28th, 2023
February end-of-month inventories were $920.3 billion, up 0.2 percent (+/- 0.4 percent)* from last month.
February end-of-month inventories were $920.3 billion, up 0.2 percent (+/- 0.4 percent)* from last month.
The advance international trade deficit in goods increased to $91.6 billion in February from $91.1 billion in January as exports decreased more than imports.
February 2023 end-of-month inventories were $747.3 billion, up 0.8 percent (+/- 0.4%) from last month.
New orders for manufactured durable goods in February, down three of the last four months, decreased $2.6 billion or 1.0 percent to $268.4 billion, the U.S. Census Bureau announced today.
Sales of new single-family houses in February 2023 were at a seasonally adjusted annual rate of 640,000. This is 1.1 percent (+/- 15.3%)* above the revised January 2023 estimate of 633,000.
-7.9
-25.2
Manufacturing corporations' seasonally adjusted after-tax profits were $235.4 billion for the fourth quarter of 2022, down $7.9 (+/- 2.8) billion from third quarter of 2022.
+10.5
-20.9
Seasonally adjusted after-tax profits for retail corporations with assets of $50 million and over were $32.7 billion for the fourth quarter 2022 (the 3 months ending January 31, 2023), up $10.5 (+/- 0.9) billion from third quarter 2022 (the 3 months ending October 31, 2022).
Privately-owned housing starts in February 2023 were at a seasonally adjusted annual rate of 1,450,000. This is 9.8 percent (+/- 15.5%)* above the revised January 2023 estimate of 1,321,000.
U.S. total business end-of-month inventories for January 2023 were $2,479.6 billion, down 0.1 percent (+/- 0.1 percent)* from last month. U.S. total business sales were $1,847.5 billion, up 1.5 percent (+/- 0.3 percent) from last month.
U.S. retail and food services sales for February 2023 were $697.9 billion, down 0.4% percent (+/-0.5 percent)* from the previous month.
+1.6
+1.9
U.S. selected services total revenue for the fourth quarter of 2022, adjusted for seasonal variation but not for price changes, was $5,026.5 billion, an increase of 1.6 percent (+/- 0.2 percent) from the third quarter of 2022 and up 7.4 percent (+/- 0.6 percent) from the fourth quarter of 2021.
Total U.S. Business Applications were 429,800 in February 2023, up 1.9% from January 2023.
The nation's international trade deficit in goods and services increased to $68.3 billion in January from $67.2 billion in December (revised), as imports increased more than exports.
January 2023 sales of merchant wholesalers were $693.8 billion, up 1.0 percent (+/- 0.7 percent) from last month. End-of-month inventories were $929.0 billion, down 0.4 percent (+/- 0.4 percent)* from last month.
New orders for manufactured goods in January, down two of the last three months, decreased $8.9 billion or 1.6 percent to $542.8 billion.
Total construction activity for January 2023 ($1,825.7 billion) was 0.1 percent (+/-0.7 percent)* below the revised December 2022 ($1,827.5 billion).
+65.9*
+65.5
The homeownership rate in the fourth quarter 2022, 65.9 percent, was not statistically different from the rate in the fourth quarter 2021. The rate in the West was higher than the fourth quarter 2021 rate. The rates in the Northeast, Midwest, and South were not statistically different from the fourth quarter 2021 rates.
+5.8*
+5.6
The rental vacancy rate in the fourth quarter 2022, 5.8 percent, was not statistically different from the rate in the fourth quarter 2021. The rates in the Northeast, Midwest, South, and West were not statistically different from the fourth quarter 2021 rates.