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Economic Indicators

New Residential Sales

May 23rd, 2023

April 2023

+4.1*

% change

March 2023(r)

+4.0*

% change

Released: May 23rd, 2023 Next Release: June 27th, 2023

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.

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Selected Services Revenue

May 19th, 2023

1st Quarter 2023

+2.9

% change

4th Quarter 2022(r)

+1.9

% change

Released: May 19th, 2023 Next Release: June 9th, 2023

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.

Press Release

April 2023

+2.2*

% change

March 2023(r)

-4.5*

% change

Released: May 17th, 2023 Next Release: June 20th, 2023

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.

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Business Inventories

May 16th, 2023

March 2023

-0.1*

% change in inventories

February 2023(r)

0.0*

% change in inventories

Released: May 16th, 2023 Next Release: June 15th, 2023

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.

Press Release

March 2023

0.0*

% change in inventories

February 2023(r)

0.0*

% change in inventories

Released: May 8th, 2023 Next Release: June 8th, 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.

Press Release

March 2023

64.2°

$ billion

February 2023(r)

70.6°

$ billion

Released: May 4th, 2023 Next Release: June 7th, 2023

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.

Press Release

Homeownership Rate

May 3rd, 2023

1st Quarter 2023

+66.0*

percent

1st Quarter 2022

+65.4

percent

Released: May 3rd, 2023 Next Release: August 2nd, 2023

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.

Press Release

Rental Vacancy Rate

May 3rd, 2023

1st Quarter 2023

+6.4

percent

1st Quarter 2022

+5.8

percent

Released: May 3rd, 2023 Next Release: August 2nd, 2023

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.

Press Release

4th Quarter 2022

-7.9

$ billion

3rd Quarter 2022(r)

-25.2

$ billion

Released: March 20th, 2023 Next Release: June 6th, 2023

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.

Press Release

4th Quarter 2022

+10.5

$ billion

3rd Quarter 2022(r)

-20.9

$ billion

Released: March 20th, 2023 Next Release: June 6th, 2023

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).

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