Economic indicators dashboard

Gross Domestic Product, 3rd Quarter 2020 (Advance Estimate)

3rd quarter 2020

33.1 3rd quarter 2020
% change
2nd quarter 2020
% change

Real gross domestic product (GDP) increased at an annual rate of 33.1 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. In the second quarter of 2020, real GDP decreased 31.4 percent. Full Text


Current Release
October 29, 2020


Quarterly Services Survey

3rd Qtr 2020

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

Advance Report: Advance U.S. selected services total revenue for the third quarter of 2020, adjusted for seasonal variation but not for price changes, was $3,929.8 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
November 18, 2020


New Residential Construction

October 2020

+4.9* October 2020
% change
+6.3* September 2020 (r)
% change

Privately-owned housing starts in October 2020 were at a seasonally adjusted annual rate of 1,530,000. This is 4.9 percent (+/- 11.1%)* above the revised September 2020 estimate of 1,459,000.


Current Release
November 18, 2020


Manufacturing and Trade Inventories and Sales

September 2020

+0.7 September 2020
% change in Inventories
+0.3 August 2020 (r)
% change in Inventories

U.S. total business end-of-month inventories for September 2020 were $1,932.8 billion, up 0.7 percent (+/- 0.1 percent) from last month. U.S. total business sales were $1,465.1 billion, up 0.6 percent (+/-0.1 percent) from last month.


Current Release
November 17, 2020


Advance Monthly Sales for Retail and Food Services

October 2020

+0.3* October 2020
% change
+1.6 September 2020 (r)
% change

U.S. retail and food services sales for October 2020 were $553.3 billion, an increase of 0.3 percent (+/-0.5%)* from the previous month.


Current Release
November 17, 2020


Monthly Wholesale Trade

September 2020

+0.4 September 2020
% change in Inventories
+0.5 August 2020 (r)
% change in Inventories

September 2020 sales of merchant wholesalers were $486.0 billion, up 0.1 percent (+/- 0.4 percent)* from last month. End-of-month inventories were $638.5 billion, up 0.4 percent (+/- 0.2 percent) from last month.


Current Release
November 06, 2020


U.S. International Trade in Goods and Services

September 2020

63.9° September 2020
$ billion
67.0° August 2020 (r)
$ billion

The nation's international trade deficit in goods and services decreased to $63.9 billion in September from $67.0 billion in August (revised), as exports increased more than imports.


Current Release
November 04, 2020


Manufacturers' Shipments, Inventories, and Orders

September 2020

+1.1° September 2020
% change
+0.6° August 2020 (r)
% change

New orders for manufactured goods in September increased $5.2 billion or 1.1 percent to $475.0 billion.


Current Release
November 03, 2020


Construction Spending

September 2020

+0.3* September 2020
% change
+0.8* August 2020 (r)
% change

Total construction activity for September 2020 ($1,414.0 billion) was 0.3 percent (+/-1.0 percent)* above the revised August 2020 ($1,410.4 billion).


Current Release
November 02, 2020


Advance Monthly Retail Inventories

September 2020

+1.6 September 2020
% change in Inventories
+0.5 August 2020 (r)
% change in Inventories

September 2020 end-of-month inventories were $607.0 billion, up 1.6 percent (+/- 0.2%) from last month.


Current Release
October 28, 2020


Advance Monthly Wholesale Inventories

September 2020

-0.1* September 2020
% change in Inventories
+0.3 August 2020 (r)
% change in Inventories

September end-of-month inventories were $634.8 billion, down 0.1 percent (+/- 0.4 percent)* from last month.


Current Release
October 28, 2020


Advance U.S. International Trade in Goods

September 2020

79.4° September 2020
$ billion
83.1° August 2020
$ billion

The advance international trade deficit in goods decreased to $79.4 billion in September from $83.1 billion in August as exports increased and imports decreased.


Current Release
October 28, 2020


Rental Vacancy Rate

3rd Qtr 2020

+6.4 3rd Qtr 2020
percent
+6.8 3rd Qtr 2019
percent

The rental vacancy rate in the third quarter 2020, 6.4 percent, was lower than the rate in the third quarter 2019. The rental vacancy rate in the South was lower than the third quarter 2019 rate. The rental vacancy rates in the Northeast, Midwest, and West were not statistically different from the third quarter 2019 rates.


Current Release
October 27, 2020


Homeownership Rate

3rd Qtr 2020

+67.4 3rd Qtr 2020
percent
+64.8 3rd Qtr 2019
percent

The homeownership rate in the third quarter 2020, 67.4 percent, was higher than the rate in the third quarter 2019. The homeownership rates in the Midwest, South, and West were higher than the third quarter 2019 rates. The homeownership rate in the Northeast was not statistically different from the third quarter 2019 rate.


Current Release
October 27, 2020


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

September 2020

+1.9° September 2020
% change
+0.4° August 2020 (r)
% change

New orders for manufactured durable goods in September increased $4.3 billion or 1.9 percent to $237.1 billion.


Current Release
October 27, 2020


New Residential Sales

September 2020

-3.5* September 2020
% change
+3.0* August 2020 (r)
% change

Sales of new single-family houses in September 2020 were at a seasonally adjusted annual rate of 959,000. This is 3.5 percent (+/- 19.9%)* below the revised August 2020 estimate of 994,000.


Current Release
October 26, 2020


Business Formation Statistics

3rd Qtr 2020

+77.4° 3rd Qtr 2020
% change
+4.8° 2nd Qtr 2020 (r)
% change

Total U.S. Business Applications were 1,566,373 in the third quarter of 2020, up 77.4% from second quarter 2020.


Current Release
October 14, 2020


Quarterly Financial Report - Retail Trade

2nd Qtr 2020

+23.1 2nd Qtr 2020
$ billion
-14.1 1st Qtr 2020 (r)
$ billion

Seasonally adjusted after-tax profits for retail corporations with assets of $50 million and over were $38.6 billion for the second quarter 2020 (the 3 months ending July 31, 2020), up $23.1 (+/- 0.4) billion from first quarter 2020 (the 3 months ending April 30, 2020).


Current Release
September 08, 2020


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

2nd Qtr 2020

-65.7 2nd Qtr 2020
$ billion
-36.1 1st Qtr 2020 (r)
$ billion

Manufacturing corporations' seasonally adjusted after-tax profits were $47.2 billion for the second quarter of 2020, down $65.7 (+/- 0.4) billion from first quarter of 2020.


Current Release
September 08, 2020