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.
New orders for manufactured durable goods in October, down three of the last four months, decreased $16.0 billion or 5.4 percent to $279.4 billion.
+0.7
+1.2
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.
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.
+0.4
+0.4
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.
U.S. retail and food services sales for October 2023 were $705.0 billion, down 0.1 percent (+/-0.5 percent)* from the previous month.
Total U.S. Business Applications were 472,993 in October 2023, virtually unchanged from September 2023.
September 2023 sales of merchant wholesalers were $678.1 billion, up 2.2 percent (+/- 0.5 percent) from last month. End-of-month inventories were $901.8 billion, up 0.2 percent (+/- 0.2 percent)* from last month.
The nation's international trade deficit in goods and services increased to $61.5 billion in September from $58.7 billion in August (revised), as imports increased more than exports.
New orders for manufactured goods in September, up six of the last seven months, increased $16.1 billion or 2.8 percent to $601.5 billion.
Total construction activity for September 2023 ($1,996.5 billion) was 0.4 percent (+/-1.2 percent)* above the revised August 2023 ($1,988.3 billion).
+66.0*
+66.0
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.
+6.6
+6.0
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.
September end-of-month inventories were $900.6 billion, virtually unchanged (+/- 0.2 percent)* from last month.
The advance international trade deficit in goods increased to $85.8 billion in September from $84.6 billion in August as imports increased more than exports.
+0.9
+1.1
September 2023 end-of-month inventories were $800.7 billion, up 0.9 percent (+/- 0.2%) from last month.
+18.9
+3.6
Seasonally adjusted after-tax profits for retail corporations with assets of $50 million and over were $52.5 billion for the second quarter 2023 (the 3 months ending July 31, 2023), up $18.9 (+/- 1.6) billion from first quarter 2023 (the 3 months ending April 30, 2023).
-21.8
-5.6
Manufacturing corporations' seasonally adjusted after-tax profits were $206.1 billion for the second quarter of 2023, down $21.8 (+/- 0.6) billion from first quarter of 2023.
