New orders for manufactured goods in October, up following two consecutive monthly decreases, increased $1.1 billion or 0.2 percent to $586.7 billion.
Total construction activity for October 2024 ($2,174.0 billion) was 0.4 percent (+/-1.2 percent)* above the revised September 2024 ($2,164.7 billion).
October end-of-month inventories were $905.1 billion, up 0.2 percent (+/- 0.4 percent)* from last month.
The advance international trade deficit in goods decreased to $99.1 billion in October from $108.7 billion in September as imports decreased more than exports.
October 2024 end-of-month inventories were $824.7 billion, up 0.1 percent (+/- 0.2%)* from last month.
New orders for manufactured durable goods in October, up following two consecutive monthly decreases, increased $0.7 billion or 0.2 percent to $286.6 billion.
Sales of new single-family houses in October 2024 were at a seasonally adjusted annual rate of 610,000. This is 17.3 percent (+/- 12.8%) below the revised September 2024 estimate of 738,000.
+2.2
+1.6
Advance U.S. selected services total revenue for the third quarter of 2024, adjusted for seasonal variation but not for price changes, was $5,733.1 billion, an increase of 2.2 percent (+/- 0.4 percent) from the second quarter of 2024 and up 8.4 percent (+/- 0.8 percent) from the third quarter of 2023.
Privately-owned housing starts in October 2024 were at a seasonally adjusted annual rate of 1,311,000. This is 3.1 percent (+/- 11.6%)* below the revised September 2024 estimate of 1,353,000.
U.S. total business end-of-month inventories for September 2024 were $2,587.1 billion, up 0.1 percent (+/- 0.1 percent)* from last month. U.S. total business sales were $1,881.2 billion, up 0.3 percent (+/- 0.2 percent) from last month.
U.S. retail and food services sales for October 2024 were $718.9 billion, an increase of 0.4 percent (+/-0.5 percent)* from the previous month.
Total U.S. Business Applications were 424,656 in October 2024, down 0.4% from September 2024.
September 2024 sales of merchant wholesalers were $674.8 billion, up 0.3 percent (+/- 0.4 percent)* from last month. End-of-month inventories were $903.7 billion, down 0.2 percent (+/- 0.2 percent)* from last month.
The nation's international trade deficit in goods and services increased to $84.4 billion in September from $70.8 billion in August (revised), as exports decreased and imports increased.
+65.6*
+66.0
The homeownership rate of 65.6 percent was not statistically different from the rate in the third quarter 2023 (66.0 percent). The homeownership rates, compared to the third quarter 2023, were lower in the West and not statistically different in the Northeast, Midwest, and South.
+6.9*
+6.6
The rental vacancy rate of 6.9 percent was not statistically different from the rate in the third quarter 2023 (6.6 percent). Compared to third quarter 2023, the rental vacancy rate was higher in the Northeast and not statistically different in the Midwest, South, and West.
+7.8
+4.8
Manufacturing corporations' seasonally adjusted after-tax profits were $210.9 billion for the second quarter of 2024, up $7.8 (+/- 1.8) billion from the first quarter of 2024.
+17.1
-13.7
Seasonally adjusted after-tax profits for retail corporations with assets of $50 million and over were $49.9 billion for the second quarter 2024 (the 3 months ending July 31, 2024), up $17.1 (+/- 0.2) billion from first quarter 2024 (the 3 months ending April 30, 2024).
