Economic indicators dashboard

Gross Domestic Product, Gross Domestic Product (Third Estimate), Corporate Profits (Revised), and GDP by Industry, Third Quarter 2020

3rd quarter 2020

33.4 3rd quarter 2020
% change
-31.4 2nd quarter 2020
% change

Real gross domestic product (GDP) increased at an annual rate of 33.4 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19. The change was 0.3 percentage point higher than the "second" estimate released in November. In the second quarter of 2020, real GDP decreased 31.4 percent.Profits increased 27.4 percent at a quarterly rate in the third quarter after decreasing 10.3 percent in the second quarter. Corporate profits increased 3.5 percent in the third quarter from one year ago. Profits were boosted by provisions from the Paycheck Protection Program.Private goods-producing industries increased 47.2 percent, private services-producing industries increased 35.1 percent, and government increased 10.1 percent. Overall, 21 of 22 industry groups contributed to the third-quarter increase in real GDP. Mining decreased in the third quarter. Full Text


Current Release
December 22, 2020


New Residential Construction

January 2021

-6.0* January 2021
% change
+8.2* December 2020 (r)
% change

Privately-owned housing starts in January 2021 were at a seasonally adjusted annual rate of 1,580,000. This is 6.0 percent (+/- 16.4%)* below the revised December 2020 estimate of 1,680,000.


Current Release
February 18, 2021


Manufacturing and Trade Inventories and Sales

December 2020

+0.6 December 2020
% change in Inventories
+0.5 November 2020 (r)
% change in Inventories

U.S. total business end-of-month inventories for December 2020 were $1,971.7 billion, up 0.6 percent (+/- 0.1 percent) from last month. U.S. total business sales were $1,494.2 billion, up 0.8 percent (+/- 0.2 percent) from last month.


Current Release
February 17, 2021


Advance Monthly Sales for Retail and Food Services

January 2021

+5.3 January 2021
% change
-1.0 December 2020 (r)
% change

U.S. retail and food services sales for January 2021 were $568.2 billion, an increase of 5.3 percent (+/-0.5%) from the previous month.


Current Release
February 17, 2021


Business Formation Statistics

January 2021

+42.6° January 2021
% change
-11.7° December 2020
% change

Total U.S. Business Applications were 492,133 in January 2021, up 42.6% from December 2020.


Current Release
February 10, 2021


Monthly Wholesale Trade

December 2020

+0.3* December 2020
% change in Inventories
0.0* November 2020 (r)
% change in Inventories

December 2020 sales of merchant wholesalers were $503.8 billion, up 1.2 percent (+/- 0.4 percent) from last month. End-of-month inventories were $651.5 billion, up 0.3 percent (+/- 0.4 percent)* from last month.


Current Release
February 10, 2021


U.S. International Trade in Goods and Services

December 2020

66.6° December 2020
$ billion
69.0° November 2020 (r)
$ billion

The nation's international trade deficit in goods and services decreased to $66.6 billion in December from $69.0 billion in November (revised), as exports increased more than imports.


Current Release
February 05, 2021


Manufacturers' Shipments, Inventories, and Orders

December 2020

+1.1° December 2020
% change
+1.3° November 2020 (r)
% change

New orders for manufactured goods in December increased $5.2 billion or 1.1 percent to $493.5 billion.


Current Release
February 04, 2021


Rental Vacancy Rate

4th Qtr 2020

+6.5* 4th Qtr 2020
percent
+6.4 4th Qtr 2019
percent

The rental vacancy rate in the fourth quarter 2020, 6.5 percent, was not statistically different from the rate in the fourth quarter 2019. The rental vacancy rate in the South was lower than the fourth quarter 2019 rate. The rental vacancy rates in the Northeast, Midwest, and West were not statistically different from the fourth quarter 2019 rates.


Current Release
February 02, 2021


Homeownership Rate

4th Qtr 2020

+65.8 4th Qtr 2020
percent
+65.1 4th Qtr 2019
percent

The homeownership rate in the fourth quarter 2020, 65.8 percent, was higher than the rate in the fourth quarter 2019. The homeownership rates in the Midwest and South were higher than the fourth quarter 2019 rates. The homeownership rates in the Northeast and West were not statistically different from the fourth quarter 2019 rate.


Current Release
February 02, 2021


Construction Spending

December 2020

+1.0 December 2020
% change
+1.1* November 2020 (r)
% change

Total construction activity for December 2020 ($1,490.4 billion) was 1.0 percent (+/-0.8 percent) above the revised November 2020 ($1,475.6 billion).


Current Release
February 01, 2021


New Residential Sales

December 2020

+1.6* December 2020
% change
-12.6 November 2020 (r)
% change

Sales of new single-family houses in December 2020 were at a seasonally adjusted annual rate of 842,000. This is 1.6 percent (+/- 15.8%)* above the revised November 2020 estimate of 829,000.


Current Release
January 28, 2021


Advance U.S. International Trade in Goods

December 2020

82.5° December 2020
$ billion
85.5° November 2020
$ billion

The advance international trade deficit in goods decreased to $82.5 billion in December from $85.5 billion in November as exports increased more than imports.


Current Release
January 28, 2021


Advance Monthly Wholesale Inventories

December 2020

+0.1* December 2020
% change in Inventories
0.0* November 2020 (r)
% change in Inventories

December end-of-month inventories were $650.4 billion, up 0.1 percent (+/- 0.4 percent)* from last month.


Current Release
January 28, 2021


Advance Monthly Retail Inventories

December 2020

+1.0 December 2020
% change in Inventories
+0.8 November 2020 (r)
% change in Inventories

December 2020 end-of-month inventories were $624.1 billion, up 1.0 percent (+/- 0.2%) from last month.


Current Release
January 28, 2021


Advance Report on Durable Goods Manufacturers' Shipments, Inventories, and Orders

December 2020

+0.2° December 2020
% change
+1.2° November 2020 (r)
% change

New orders for manufactured durable goods in December increased $0.4 billion or 0.2 percent to $245.3 billion.


Current Release
January 27, 2021


Quarterly Services Survey

3rd Qtr 2020

+7.8 3rd Qtr 2020
% change
-9.2 2nd Qtr 2020 (r)
% change

The estimate of U.S. selected services total revenue for the third quarter of 2020, adjusted for seasonal variation but not for price changes, was $3,929.9 billion, an increase of 7.8 percent (+/- 0.4 percent) from the second quarter of 2020 and down 3.9 percent (+/- 0.2 percent) from the third quarter of 2019.


Current Release
December 10, 2020


Quarterly Financial Report - Retail Trade

3rd Qtr 2020

+4.7 3rd Qtr 2020
$ billion
+24.0 2nd Qtr 2020 (r)
$ billion

Seasonally adjusted after-tax profits for retail corporations with assets of $50 million and over were $43.5 billion for the third quarter 2020 (the 3 months ending October 31, 2020), up $4.7 (+/- 0.2) billion from second quarter 2020 (the 3 months ending July 31, 2020).


Current Release
December 08, 2020


Quarterly Financial Report - Manufacturing, Mining, Wholesale Trade, and Selected Service Industries

3rd Qtr 2020

+100.3 3rd Qtr 2020
$ billion
-65.1 2nd Qtr 2020 (r)
$ billion

Manufacturing corporations' seasonally adjusted after-tax profits were $148.4 billion for the third quarter of 2020, up $100.3 (+/- 0.8) billion from second quarter of 2020.


Current Release
December 08, 2020