Economic Indicator: New Residential Sales
Sales of new single-family houses
in July were 372,000 at a seasonally adjusted annual rate, up 3.6 percent from
June’s revised level, and up 25.3 percent from July 2011.
Sales of new single-family houses
in July were 372,000 at a seasonally adjusted annual rate, up 3.6 percent from
June’s revised level, and up 25.3 percent from July 2011.
Building permits in July 2012 were at a seasonally adjusted annual rate of 812,000, up 6.8 percent from the revised June rate, and up 29.5 percent from July 2011. Housing starts in July 2012 were at a seasonally adjusted rate of 746,000, down 1.1 percent from June’s revised estimate, but up 21.5 percent from July 2011.
June 2012 business inventories were $1,580.3 billion, up 0.1 percent from May and up 5.0 percent from June 2011. Sales were $1,229.7 billion, down 1.1 percent from May but up 3.0 percent from June 2011.
July 2012 retail and food services sales were $403.9 billion, up 0.8 percent from the previous month and up 4.1 percent from one year earlier. Excluding autos, retail and food services sales in July were $330.2 billion, up 0.8 percent from June and up 3.2 percent from July 2011.
June 2012 wholesale inventories were $481.9 billion, down 0.2 percent from May but up 5.3 percent from one year earlier. Sales were $402.9 billion, down 1.4 percent from May but up 3.1 percent from June 2011.