Advance Wholesale Inventories
May 26th, 2023
April end-of-month inventories were $914.9 billion, down 0.2 percent (+/- 0.4 percent)* from last month.
April end-of-month inventories were $914.9 billion, down 0.2 percent (+/- 0.4 percent)* from last month.
The advance international trade deficit in goods increased to $96.8 billion in April from $82.7 billion in March as exports decreased and imports increased.
April 2023 end-of-month inventories were $772.3 billion, up 0.2 percent (+/- 0.2%)* from last month.
New orders for manufactured durable goods in April, up two consecutive months, increased $3.1 billion or 1.1 percent to $283.0 billion.
Sales of new single-family houses in April 2023 were at a seasonally adjusted annual rate of 683,000. This is 4.1 percent (+/- 11.8%)* above the revised March 2023 estimate of 656,000.
+2.9
+1.9
Advance U.S. selected services total revenue for the first quarter of 2023, adjusted for seasonal variation but not for price changes, was $5,199.0 billion, an increase of 2.9 percent (+/- 0.6 percent) from the fourth quarter of 2022 and up 9.6 percent (+/- 0.9 percent) from the first quarter of 2022.
Privately-owned housing starts in April 2023 were at a seasonally adjusted annual rate of 1,401,000. This is 2.2 percent (+/- 11.9%)* above the revised March 2023 estimate of 1,371,000.
U.S. total business end-of-month inventories for March 2023 were $2,490.0 billion, down 0.1 percent (+/- 0.1 percent)* from last month. U.S. total business sales were $1,790.8 billion, down 1.1 percent (+/- 0.2 percent) from last month.
U.S. retail and food services sales for April 2023 were $686.1 billion, up 0.4 percent (+/-0.5 percent)* from the previous month.
Total U.S. Business Applications were 433,894 in April 2023, down 4.2% from March 2023.
March 2023 sales of merchant wholesalers were $655.3 billion, down 2.1 percent (+/- 0.5 percent) from last month. End-of-month inventories were $918.5 billion, virtually unchanged (+/- 0.2 percent)* from last month.
The nation's international trade deficit in goods and services decreased to $64.2 billion in March from $70.6 billion in February (revised), as exports increased and imports decreased.
+66.0*
+65.4
The homeownership rate in the first quarter 2023, 66.0 percent, was not statistically different from the rate in the first quarter 2022. The rate in the West was higher than the first quarter 2022 rate. The rates in the Northeast, Midwest, and South were not statistically different from the first quarter 2022 rates.
+6.4
+5.8
The rental vacancy rate in the first quarter 2023, 6.4 percent, was higher than the rate in the first quarter 2022. Compared to the rates in the first quarter 2022, the first quarter 2023 rate in the Northeast was lower, the rates in the Midwest and South were higher, and the rate in the West was not statistically different.
New orders for manufactured goods in March, up following two consecutive monthly decreases, increased $4.9 billion or 0.9 percent to $539.0 billion.
Total construction activity for March 2023 ($1,834.7 billion) was 0.3 percent (+/-0.5 percent)* above the revised February 2023 ($1,829.6 billion).
-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).