US Census Bureau: Economic Indicators

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New Residential Construction Privately-owned housing starts in November 2020 were at a seasonally adjusted annual rate of 1,547,000. This is 1.2 percent (+/- 8.6%)* above the revised October 2020 estimate of 1,528,000. Current Press Release -	Archived Releases - 1995 - present Historic Time Series - 1959 - present Time Series/Trend Charts	Released: December 17, 2020 Next Release: January 21, 2021	November 2020 +1.2* % change	October 2020 (r) +6.3* % change
Manufacturing and Trade Inventories and Sales U.S. total business end-of-month inventories for October 2020 were $1,948.7 billion, up 0.7 percent (+/- 0.1 percent) from last month. U.S. total business sales were $1,482.3 billion, up 0.9 percent (+/-0.1 percent) from last month. Current Press Release -	Archived Releases - 1996 - present Historic Time Series - Time Series/Trend Charts	Released: December 16, 2020 Next Release: January 15, 2021	October 2020 +0.7 % change in Inventories	September 2020 (r) +0.8 % change in Inventories
Advance Monthly Sales for Retail and Food Services U.S. retail and food services sales for November 2020 were $546.5 billion, a decrease of 1.1 percent (+/-0.5%) from the previous month. Current Press Release -	Archived Releases - 1953 - present Historic Time Series - 1992 - present Time Series/Trend Charts	Released: December 16, 2020 Next Release: January 15, 2021	November 2020 -1.1 % change	October 2020 (r) -0.1* % change
Quarterly Services Survey 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 Press Release -	Archived Releases - 2004 - present Historic Time Series - 2004 - present Time Series/Trend Charts	Released: December 10, 2020 Next Release: February 19, 2021	3rd Qtr 2020 +7.8 % change	2nd Qtr 2020 (r) -9.2 % change
Monthly Wholesale Trade October 2020 sales of merchant wholesalers were $496.6 billion, up 1.8 percent (+/- 0.4 percent) from last month. End-of-month inventories were $649.0 billion, up 1.1 percent (+/- 0.4 percent) from last month. Current Press Release -	Archived Releases - 1990 - present Historic Time Series - 1992 - present, adjusted 1992 - present, not adjusted Time Series/Trend Charts	Released: December 9, 2020 Next Release: January 8, 2021	October 2020 +1.1 % change in Inventories	September 2020 (r) +0.9 % change in Inventories
Quarterly Financial Report - Retail Trade 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 Press Release -	Archived Releases - 1993 - present Historic Time Series - Time Series/Trend Charts	Released: December 8, 2020 Next Release: March 22, 2021	3rd Qtr 2020 +4.7 $ billion	2nd Qtr 2020 (r) +24.0 $ billion
Quarterly Financial Report - Manufacturing, Mining, Wholesale Trade, and Selected Service Industries 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 Press Release -	Archived Releases - 1993 - present Historic Time Series - Time Series/Trend Charts	Released: December 8, 2020 Next Release: March 22, 2021	3rd Qtr 2020 +100.3 $ billion	2nd Qtr 2020 (r) -65.1 $ billion
Manufacturers' Shipments, Inventories, and Orders New orders for manufactured goods in October increased $4.9 billion or 1.0 percent to $480.8 billion. Current Press Release -	Archived Releases - 1992 - present Historic Time Series - 1992 - present (NAICS) 1958 - 2001 (SIC) Time Series/Trend Charts	Released: December 4, 2020 Next Release: January 6, 2021	October 2020 +1.0° % change	September 2020 (r) +1.3° % change
U.S. International Trade in Goods and Services The nation's international trade deficit in goods and services increased to $63.1 billion in October from $62.1 billion in September (revised), as imports increased more than exports. Current Press Release -	Archived Releases - 1991 - present Historic Time Series - US Trade Data (various) Country&Product Data (various) Time Series/Trend Charts	Released: December 4, 2020 Next Release: January 7, 2021	October 2020 63.1° $ billion	September 2020 (r) 62.1° $ billion
Construction Spending Total construction activity for October 2020 ($1,438.5 billion) was 1.3 percent (+/-1.0 percent) above the revised September 2020 ($1,420.4 billion). Current Press Release -	Archived Releases - 2003 - present Historic Time Series - 1993 - present (new format) 1964 - 2001 (legacy format) Time Series/Trend Charts	Released: December 1, 2020 Next Release: January 4, 2021	October 2020 +1.3 % change	September 2020 (r) -0.5* % change
New Residential Sales Sales of new single-family houses in October 2020 were at a seasonally adjusted annual rate of 999,000. This is 0.3 percent (+/- 13.6%)* below the revised September 2020 estimate of 1,002,000. Current Press Release -	Archived Releases - 1995 - present Historic Time Series - 1963 - present Time Series/Trend Charts	Released: November 25, 2020 Next Release: December 23, 2020	October 2020 -0.3* % change	September 2020 (r) +0.1* % change
Advance Monthly Wholesale Inventories October end-of-month inventories were $646.2 billion, up 0.9 percent (+/- 0.4 percent) from last month. Current Press Release -	Archived Releases - 2016 - present Historic Time Series - Time Series/Trend Charts	Released: November 25, 2020 Next Release: December 30, 2020	October 2020 +0.9 % change in Inventories	September 2020 (r) +0.7 % change in Inventories
Advance U.S. International Trade in Goods The advance international trade deficit in goods increased to $80.3 billion in October from $79.4 billion in September as imports increased more than exports. Current Press Release -	Archived Releases - 2016 - present Historic Time Series - Time Series/Trend Charts	Released: November 25, 2020 Next Release: December 30, 2020	October 2020 80.3° $ billion	September 2020 79.4° $ billion
Advance Report on Durable Goods Manufacturers' Shipments, Inventories, and Orders New orders for manufactured durable goods in October increased $3.0 billion or 1.3 percent to $240.8 billion. Current Press Release -	Archived Releases - 1992 - present Historic Time Series - 1992 - present (NAICS) 1958 - 2001 (SIC) Time Series/Trend Charts	Released: November 25, 2020 Next Release: December 24, 2020	October 2020 +1.3° % change	September 2020 (r) +2.1° % change
Advance Monthly Retail Inventories October 2020 end-of-month inventories were $612.2 billion, up 0.8 percent (+/- 0.2%) from last month. Current Press Release -	Archived Releases - 2016 - present Historic Time Series - Time Series/Trend Charts	Released: November 25, 2020 Next Release: December 30, 2020	October 2020 +0.8 % change in Inventories	September 2020 (r) +1.7 % change in Inventories
Rental Vacancy Rate 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 Press Release -	Archived Releases - 1994 - present Historic Time Series - 1956 - present Time Series/Trend Charts	Released: October 27, 2020 Next Release: February 2, 2021	3rd Qtr 2020 +6.4 percent	3rd Qtr 2019 +6.8 percent
Homeownership Rate 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 Press Release -	Archived Releases - 1994 - present Historic Time Series - 1956 - present Time Series/Trend Charts	Released: October 27, 2020 Next Release: February 2, 2021	3rd Qtr 2020 +67.4 percent	3rd Qtr 2019 +64.8 percent
Business Formation Statistics Total U.S. Business Applications were 1,566,373 in the third quarter of 2020, up 77.4% from second quarter 2020. Current Press Release -	Archived Releases - 2019 - present Historic Time Series - 2004 - present Time Series/Trend Charts	Released: October 14, 2020 Next Release: January 14, 2021	3rd Qtr 2020 +77.4° % change	2nd Qtr 2020 (r) +4.8° % change

(*) The 90% confidence interval includes zero. The Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero.

(°) Statistical significance is not applicable or not measurable for these surveys. The Manufacturers’ Shipments, Inventories and Orders estimates are not based on a probability sample, so we can neither measure the sampling error of these estimates nor compute confidence intervals.

(r) Revised.

All estimates are seasonally adjusted except for the Rental Vacancy Rate and Home Ownership Rate. None of the estimates are adjusted for price changes.

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