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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


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


Business Formation Statistics

September 2024

-1.3° September 2024
% Change
+2.4° August 2024 (r)
% Change

Total U.S. Business Applications were 426,170 in September 2024, down 1.3% from August 2024.


Current Release
October 10, 2024


Monthly Wholesale Trade: Sales and Inventories

August 2024

+0.1* August 2024
% Change in Inventories
+0.2* July 2024 (r)
% Change in Inventories

August 2024 sales of merchant wholesalers were $670.9 billion, down 0.1 percent (+/- 0.4 percent)* from last month. End-of-month inventories were $904.8 billion, up 0.1 percent (+/- 0.2 percent)* from last month.


Current Release
October 09, 2024


U.S. International Trade in Goods and Services

August 2024

70.4° August 2024
Billions of Dollars
78.9° July 2024 (r)
Billions of Dollars

The nation's international trade deficit in goods and services decreased to $70.4 billion in August from $78.9 billion in July (revised), as exports increased and imports decreased.


Current Release
October 08, 2024


Manufacturers' Shipments, Inventories, and Orders

August 2024

-0.2° August 2024
% Change
+4.9° July 2024 (r)
% Change

New orders for manufactured goods in August, down three of the last four months, decreased $1.3 billion or 0.2 percent to $590.4 billion


Current Release
October 03, 2024


Construction Spending

August 2024

-0.1* August 2024
% Change
-0.5* July 2024 (r)
% Change

Total construction activity for August 2024 ($2,131.9 billion) was 0.1 percent (+/-1.2 percent)* below the revised July 2024 ($2,133.9 billion).


Current Release
October 01, 2024


Advance Wholesale Inventories

August 2024

+0.2* August 2024
% Change in Inventories
+0.3 July 2024 (r)
% Change in Inventories

August end-of-month inventories were $905.7 billion, up 0.2 percent (+/- 0.2 percent)* from last month.


Current Release
September 27, 2024


Advance U.S. International Trade in Goods

August 2024

94.3° August 2024
Billions of Dollars
102.8° July 2024
Billions of Dollars

The advance international trade deficit in goods decreased to $94.3 billion in August from $102.8 billion in July as exports increased and imports decreased.


Current Release
September 27, 2024


Advance Retail Inventories

August 2024

+0.5 August 2024
% Change in Inventories
+0.8 July 2024 (r)
% Change in Inventories

August 2024 end-of-month inventories were $816.0 billion, up 0.5 percent (+/- 0.2%) from last month.


Current Release
September 27, 2024


Advance Monthly Manufacturers' Shipments, Inventories, and Orders

August 2024

+0.0° August 2024
% Change
+9.9° July 2024 (r)
% Change

New orders for manufactured durable goods in August, up six of the last seven months, increased $0.1 billion or virtually unchanged to $289.7 billion.


Current Release
September 26, 2024


New Home Sales

August 2024

-4.7* August 2024
% Change
+10.3* July 2024 (r)
% Change

Sales of new single-family houses in August 2024 were at a seasonally adjusted annual rate of 716,000. This is 4.7 percent (+/- 10.6%)* below the revised July 2024 estimate of 751,000.


Current Release
September 25, 2024


New Residential Construction

August 2024

+9.6* August 2024
% Change
-6.9* July 2024 (r)
% Change

Privately-owned housing starts in August 2024 were at a seasonally adjusted annual rate of 1,356,000. This is 9.6 percent (+/- 11.4%)* above the revised July 2024 estimate of 1,237,000.


Current Release
September 18, 2024


Manufacturing and Trade Inventories and Sales

July 2024

+0.4 July 2024
% Change in Inventories
+0.3 June 2024 (r)
% Change in Inventories

U.S. total business end-of-month inventories for July 2024 were $2,574.9 billion, up 0.4 percent (+/- 0.1 percent) from last month. U.S. total business sales were $1,880.7 billion, up 1.1 percent (+/- 0.2 percent) from last month.


Current Release
September 17, 2024


Advance Monthly Sales for Retail and Food Services

August 2024

+0.1* August 2024
% Change
+1.1 July 2024 (r)
% Change

U.S. retail and food services sales for August 2024 were $710.8 billion, an increase of 0.1 percent (+/-0.5 percent)* from the previous month.


Current Release
September 17, 2024


Quarterly Services Survey

2nd Qtr 2024

+1.5 2nd Qtr 2024
% Change
+2.1 1st Qtr 2024 (r)
% Change

U.S. selected services total revenue for the second quarter of 2024, adjusted for seasonal variation but not for price changes, was $5,603.2 billion, an increase of 1.5 percent (+/- 0.2 percent) from the first quarter of 2024 and up 6.5 percent (+/- 0.6 percent) from the second quarter of 2023.


Current Release
September 11, 2024


Quarterly Financial Report

2nd Qtr 2024

+7.8 2nd Qtr 2024
Billions of Dollars
+4.8 1st Qtr 2024 (r)
Billions of Dollars

Manufacturing corporations' seasonally adjusted after-tax profits were $210.9 billion for the second quarter of 2024, up $7.8 (+/- 1.8) billion from the first quarter of 2024.


Current Release
September 10, 2024


Quarterly Financial Report - Retail

2nd Qtr 2024

+17.1 2nd Qtr 2024
Billions of Dollars
-13.7 1st Qtr 2024 (r)
Billions of Dollars

Seasonally adjusted after-tax profits for retail corporations with assets of $50 million and over were $49.9 billion for the second quarter 2024 (the 3 months ending July 31, 2024), up $17.1 (+/- 0.2) billion from first quarter 2024 (the 3 months ending April 30, 2024).


Current Release
September 10, 2024


Housing Vacancies and Homeownership

2nd Qtr 2024

+65.6* 2nd Qtr 2024
Percent
+65.9 2nd Qtr 2023
Percent

The homeownership rate of 65.6 percent was not statistically different from the rate in the second quarter 2023 (65.9 percent). The homeownership rates, compared to the second quarter 2023, were not statistically different in the Northeast, Midwest, South, and West.


Current Release
July 30, 2024


Rental Vacancy Rate

2nd Qtr 2024

+6.6 2nd Qtr 2024
Percent
+6.3 2nd Qtr 2023
Percent

The rental vacancy rate of 6.6 percent was higher than the rate in the second quarter 2023 (6.3 percent). Compared to second quarter 2023, the rental vacancy rate was higher in the Northeast and South, lower in the Midwest, and not statistically different in the West.


Current Release
July 30, 2024