Economic indicators dashboard

Gross Domestic Product, 2nd Quarter 2020 (Second Estimate); Corporate Profits, 2nd Quarter 2020 (Preliminary Estimate)

2nd quarter 2020

31.7 2nd quarter 2020
% change
-5.0 1st quarter 2020
% change

Real gross domestic product (GDP) decreased at an annual rate of 31.7 percent in the second quarter of 2020, according to the "second" estimate released by the Bureau of Economic Analysis. The change was 1.2 percentage points higher than the "advance" estimate released in July. In the first quarter of 2020, real GDP decreased 5.0 percent. Full Text


Current Release
August 27, 2020


New Residential Sales

August 2020

+4.8* August 2020
% change
+14.7* July 2020 (r)
% change

Sales of new single-family houses in August 2020 were at a seasonally adjusted annual rate of 1,011,000. This is 4.8 percent (+/- 10.5%)* above the revised July 2020 estimate of 965,000.


Current Release
September 24, 2020


New Residential Construction

August 2020

-5.1* August 2020
% change
+17.9 July 2020 (r)
% change

Privately-owned housing starts in August 2020 were at a seasonally adjusted annual rate of 1,416,000. This is 5.1 percent (+/- 9.6%)* below the revised July 2020 estimate of 1,492,000.


Current Release
September 17, 2020


Manufacturing and Trade Inventories and Sales

July 2020

+0.1* July 2020
% change in Inventories
-1.1 June 2020 (r)
% change in Inventories

U.S. total business end-of-month inventories for July 2020 were $1,914.3 billion, up 0.1 percent (+/- 0.1 percent)* from last month. U.S. total business sales were $1,441.1 billion, up 3.2 percent (+/-0.2 percent) from last month.


Current Release
September 16, 2020


Advance Monthly Sales for Retail and Food Services

August 2020

+0.6 August 2020
% change
+0.9 July 2020 (r)
% change

U.S. retail and food services sales for August 2020 were $537.5 billion, an increase of 0.6 percent (+/-0.5%) from the previous month.


Current Release
September 16, 2020


Quarterly Services Survey

2nd Qtr 2020

-9.1 2nd Qtr 2020
% change
-2.7 1st Qtr 2020 (r)
% change

The estimate of U.S. selected services total revenue for the second quarter of 2020, adjusted for seasonal variation but not for price changes, was $3,650.4 billion, a decrease of 9.1 percent (+/- 0.4 percent) from the first quarter of 2020 and down 9.3 percent (+/- 0.4 percent) from the second quarter of 2019.


Current Release
September 11, 2020


Monthly Wholesale Trade

July 2020

-0.3 July 2020
% change in Inventories
-1.3 June 2020 (r)
% change in Inventories

July 2020 sales of merchant wholesalers were $479.2 billion, up 4.6 percent (+/- 0.5 percent) from last month. End-of-month inventories were $632.3 billion, down 0.3 percent (+/- 0.2 percent) from last month.


Current Release
September 10, 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


U.S. International Trade in Goods and Services

July 2020

63.6° July 2020
$ billion
53.5° June 2020 (r)
$ billion

The nation's international trade deficit in goods and services increased to $63.6 billion in July from $53.5 billion in June (revised), as imports increased more than exports.


Current Release
September 03, 2020


Manufacturers' Shipments, Inventories, and Orders

July 2020

+6.4° July 2020
% change
+6.4° June 2020 (r)
% change

New orders for manufactured goods in July increased $27.8 billion or 6.4 percent to $466.1 billion.


Current Release
September 02, 2020


Construction Spending

July 2020

+0.1* July 2020
% change
-0.5* June 2020 (r)
% change

Total construction activity for July 2020 ($1,364.6 billion) was 0.1 percent (+/-1.2 percent)* above the revised June 2020 ($1,362.8 billion).


Current Release
September 01, 2020


Advance U.S. International Trade in Goods

July 2020

79.3° July 2020
$ billion
71.0° June 2020
$ billion

The advance international trade deficit in goods increased to $79.3 billion in July from $71.0 billion in June as imports increased more than exports.


Current Release
August 28, 2020


Advance Monthly Wholesale Inventories

July 2020

-0.1* July 2020
% change in Inventories
-1.3 June 2020 (r)
% change in Inventories

July end-of-month inventories were $633.7 billion, down 0.1 percent (+/- 0.2 percent)* from last month.


Current Release
August 28, 2020


Advance Monthly Retail Inventories

July 2020

+1.2 July 2020
% change in Inventories
-2.7 June 2020 (r)
% change in Inventories

July 2020 end-of-month inventories were $594.7 billion, up 1.2 percent (+/- 0.2%) from last month.


Current Release
August 28, 2020


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

July 2020

+11.2° July 2020
% change
+7.7° June 2020 (r)
% change

New orders for manufactured durable goods in July increased $23.2 billion or 11.2 percent to $230.7 billion.


Current Release
August 26, 2020


Rental Vacancy Rate

2nd Qtr 2020

+5.7 2nd Qtr 2020
percent
+6.8 2nd Qtr 2019
percent

The rental vacancy rate in the second quarter 2020, 5.7 percent, was lower than the rate in the second quarter 2019. The rental vacancy rates in the Northeast, South, and West were lower than the second quarter 2019 rates. The rental vacancy rate in the Midwest was not statistically different from the second quarter 2019 rates.


Current Release
July 28, 2020


Homeownership Rate

2nd Qtr 2020

+67.9 2nd Qtr 2020
percent
+64.1 2nd Qtr 2019
percent

The homeownership rate in the second quarter 2020, 67.9 percent, was higher than the rate in the second quarter 2019. The homeownership rates in the Northeast, Midwest, South, and West were higher than the second quarter 2019 rates.


Current Release
July 28, 2020


Business Formation Statistics

2nd Qtr 2020

+4.8° 2nd Qtr 2020
% change
-4.3° 1st Qtr 2020 (r)
% change

Total U.S. Business Applications were 883,174 in the second quarter of 2020, up 4.8% from first quarter 2020.


Current Release
July 15, 2020