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


New Residential Construction

December 2020

+5.8* December 2020
% change
+3.1* November 2020 (r)
% change

Privately-owned housing starts in December 2020 were at a seasonally adjusted annual rate of 1,669,000. This is 5.8 percent (+/- 11.0%)* above the revised November 2020 estimate of 1,578,000.


Current Release
January 21, 2021


Manufacturing and Trade Inventories and Sales

November 2020

+0.5 November 2020
% change in Inventories
+0.8 October 2020 (r)
% change in Inventories

U.S. total business end-of-month inventories for November 2020 were $1,959.9 billion, up 0.5 percent (+/- 0.1 percent) from last month. U.S. total business sales were $1,480.8 billion, down 0.1 percent (+/- 0.2 percent)* from last month.


Current Release
January 15, 2021


Advance Monthly Sales for Retail and Food Services

December 2020

-0.7 December 2020
% change
-1.4 November 2020 (r)
% change

U.S. retail and food services sales for December 2020 were $540.9 billion, a decrease of 0.7 percent (+/-0.5%) from the previous month.


Current Release
January 15, 2021


Business Formation Statistics

4th Qtr 2020

-28.5° 4th Qtr 2020
% change
+74.7° 3rd Qtr 2020 (r)
% change

Total U.S. Business Applications were 1,115,984 in the fourth quarter of 2020, down 28.5% from third quarter 2020.


Current Release
January 14, 2021


Monthly Wholesale Trade

November 2020

0.0* November 2020
% change in Inventories
+1.3 October 2020 (r)
% change in Inventories

November 2020 sales of merchant wholesalers were $496.7 billion, up 0.2 percent (+/- 0.4 percent)* from last month. End-of-month inventories were $649.8 billion, virtually unchanged (+/- 0.2 percent)* from last month.


Current Release
January 08, 2021


U.S. International Trade in Goods and Services

November 2020

68.1° November 2020
$ billion
63.1° October 2020 (r)
$ billion

The nation's international trade deficit in goods and services increased to $68.1 billion in November from $63.1 billion in October (revised), as imports increased more than exports.


Current Release
January 07, 2021


Manufacturers' Shipments, Inventories, and Orders

November 2020

+1.0° November 2020
% change
+1.3° October 2020 (r)
% change

New orders for manufactured goods in November increased $5.0 billion or 1.0 percent to $487.2 billion.


Current Release
January 06, 2021


Construction Spending

November 2020

+0.9 November 2020
% change
+1.6* October 2020 (r)
% change

Total construction activity for November 2020 ($1,459.4 billion) was 0.9 percent (+/-0.8 percent) above the revised October 2020 ($1,446.9 billion).


Current Release
January 04, 2021


Advance Monthly Wholesale Inventories

November 2020

-0.1* November 2020
% change in Inventories
+1.2 October 2020 (r)
% change in Inventories

November end-of-month inventories were $649.0 billion, down 0.1 percent (+/- 0.2 percent)* from last month.


Current Release
December 30, 2020


Advance U.S. International Trade in Goods

November 2020

84.8° November 2020
$ billion
80.4° October 2020
$ billion

The advance international trade deficit in goods increased to $84.8 billion in November from $80.4 billion in October as imports increased more than exports.


Current Release
December 30, 2020


Advance Monthly Retail Inventories

November 2020

+0.7 November 2020
% change in Inventories
+0.9 October 2020 (r)
% change in Inventories

November 2020 end-of-month inventories were $616.9 billion, up 0.7 percent (+/- 0.4%) from last month.


Current Release
December 30, 2020


New Residential Sales

November 2020

-11.0 November 2020
% change
-2.1* October 2020 (r)
% change

Sales of new single-family houses in November 2020 were at a seasonally adjusted annual rate of 841,000. This is 11.0 percent (+/- 9.5%) below the revised October 2020 estimate of 945,000.


Current Release
December 23, 2020


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

November 2020

+0.9° November 2020
% change
+1.8° October 2020 (r)
% change

New orders for manufactured durable goods in November increased $2.2 billion or 0.9 percent to $244.2 billion.


Current Release
December 23, 2020


Quarterly Services Survey

3rd Qtr 2020

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

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 Release
December 10, 2020


Quarterly Financial Report - Retail Trade

3rd Qtr 2020

+4.7 3rd Qtr 2020
$ billion
+24.0 2nd Qtr 2020 (r)
$ billion

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 Release
December 08, 2020


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

3rd Qtr 2020

+100.3 3rd Qtr 2020
$ billion
-65.1 2nd Qtr 2020 (r)
$ billion

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 Release
December 08, 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