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Economic Indicators

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Monthly Wholesale Trade icon

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.

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 icon

Manufacturers' Shipments, Inventories, and Orders

New orders for manufactured goods in May increased $30.5 billion or 8.0 percent to $412.8 billion.

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 icon

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.

Released:
July 2, 2020

Next Release:
August 5, 2020

May 2020

54.6°
$ billion

April 2020 (r)

49.8°
$ billion

Construction Spending icon

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).

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 icon

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.

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 icon

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.

Released:
June 25, 2020

Next Release:
July 27, 2020

May 2020

+15.8°
% change

April 2020 (r)

-18.1°
% change

Advance Monthly Wholesale Inventories icon

Advance Monthly Wholesale Inventories

May end-of-month inventories were $642.2 billion, down 1.2 percent (+/- 0.2 percent) from last month.

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 icon

Advance Monthly Retail Inventories

May 2020 end-of-month inventories were $604.5 billion, down 6.1 percent (+/- 0.2%) from last month.

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 icon

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.

Released:
June 23, 2020

Next Release:
July 24, 2020

May 2020

+16.6
% change

April 2020 (r)

-5.2*
% change

New Residential Construction icon

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.

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 icon

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.

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 icon

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.

Released:
June 16, 2020

Next Release:
July 16, 2020

May 2020

+17.7
% change

April 2020 (r)

-14.7
% change

Quarterly Services Survey icon

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.

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 icon

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).

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 icon

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.

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 icon

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.

Released:
April 28, 2020

Next Release:
July 28, 2020

1st Qtr 2020

+6.6
percent

1st Qtr 2019

+7.0
percent

Homeownership Rate icon

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.

Released:
April 28, 2020

Next Release:
July 28, 2020

1st Qtr 2020

+65.3
percent

1st Qtr 2019

+64.2
percent

Business Formation Statistics icon

Business Formation Statistics

Total U.S. Business Applications were 842,614 in the first quarter of 2020, down 4.5% from fourth quarter 2019.

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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