Key Economic Indicators
Personal income increased $18.6 billion, or 0.1 percent, and disposable personal income (DPI) increased $19.2 billion, or 0.1 percent, in September, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $15.6 billion, or 0.1 percent. In August, personal income increased $54.9 billion, or 0.4 percent, DPI increased $49.5 billion, or 0.4 percent, and PCE increased $44.2 billion, or 0.4 percent, based on revised estimates.
Real gross domestic product -- the value of the goods and services produced by the nation's economy less the value of the goods and services used up in production, adjusted for price changes -- increased at an annual rate of 1.5 percent in the third quarter of 2015, according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 3.9 percent.
U.S. total business end-of-month inventories for September 2015 were $1,817.5 billion, up 0.3 (+/- 0.1%) from last month. U.S. total business sales were $1,320.3 billion, virtually unchanged (+/-0.2%)* from last month.
September 2015: +0.3 % change in Inventories
August 2015 (r): +0.1* % change in Inventories
U.S. retail and food services sales for October were $447.3 billion, an increase of 0.1 percent (+/-0.5%)* from the previous month.
October 2015: +0.1* % change
September 2015 (r): 0.0* % change
September 2015 sales of merchant wholesalers were $448.0 billion, up 0.5 percent (+/- 0.7%)* from last month. End-of-month inventories were $588.1 billion, up 0.5 percent (+/- 0.4%) from last month.
September 2015: +0.5 % change in Inventories
August 2015 (r): +0.3 % change in Inventories
The Nation's international trade balance in goods and services increased to -$40.8 billion in September from -$48.0 billion in August (revised), as exports increased and imports decreased.
September 2015: -40.8° $ billion
August 2015 (r): -48.0° $ billion
New orders for manufactured goods in September decreased $4.7 billion or 1.0 percent to $466.3 billion.
September 2015: -1.0° % change
August 2015 (r): -2.1° % change
Total construction activity for September 2015 ($1,094.2 billion) was 0.6 percent (+/-1.8%)* above the revised August 2015 ($1,087.5 billion).
September 2015: +0.6* % change
August 2015 (r): +0.7* % change
The advance international trade balance in goods was -$58.6 billion in September 2015. Advance exports of goods were $126.9 billion and advance imports of goods were $185.5 billion.
September 2015: -58.6° $ billion
August 2015: -67.2° $ billion
The rental vacancy rate in the third quarter 2015 was 7.3 percent, down 0.1 (+/- 0.4)* percentage points from the third quarter 2014 rate of 7.4 percent. The rental vacancy rates in all four regions were not statistically different from the rates a year ago.
3rd Qtr 2015: +7.3* percent
3rd Qtr 2014: +7.4 percent
The homeownership rate in the third quarter 2015 was 63.7 percent, down 0.7 (+/- 0.4) percentage points from the third quarter 2014 rate of 64.4 percent. The homeownership rate in the Northeast was lower than the rate one year ago, while the rates in the Midwest, South and West were not statistically different from the rates in the third quarter 2014.
3rd Qtr 2015: +63.7 percent
3rd Qtr 2014: +64.4 percent
New orders for manufactured durable goods in September decreased $2.9 billion or 1.2 percent to $231.1 billion.
September 2015: -1.2° % change
August 2015 (r): -3.0° % change
Sales of new single-family houses in September 2015 were at a seasonally adjusted annual rate of 468,000. This is 11.5 percent (+/- 11.3%) below the revised August 2015 estimate of 529,000.
September 2015: -11.5 % change
August 2015 (r): +5.2* % change
Privately-owned housing starts in September 2015 were at a seasonally adjusted annual rate of 1,206,000. This is 6.5 percent (+/- 16.4%)* above the revised August 2015 estimate of 1,132,000.
September 2015: +6.5* % change
August 2015 (r): -1.7* % change
After-tax profits for retail corporations with assets of $50 million and over were $22.1 billion for the second quarter 2015 (the 3 months ending July 31, 2015), down $0.1 (+/- 0.0) billion from first quarter 2015 (the 3 months ending April 30, 2015).
2nd Qtr 2015: -0.1 $ billion
1st Qtr 2015 (r): -1.3 $ billion
The estimate of U.S. information sector revenue for the second calendar quarter of 2015, adjusted for seasonal variation but not for price changes, was $339.2 billion, an increase of 1.3 percent (+/- 0.6%) from the first quarter of 2015 and up 3.8 percent (+/- 0.6%) from the second quarter of 2014.
2nd Qtr 2015: 1.3 % change
1st Qtr 2015: 0.4* % change
Quarterly Financial Report - Manufacturing, Mining, Wholesale Trade, and Selected Service Industries
Manufacturing corporations' seasonally adjusted after-tax profits were $123.0 billion for the second quarter of 2015, down $2.1 (+/- 0.4) billion from first quarter of 2015.
2nd Qtr 2015: -2.1 $ billion
1st Qtr 2015 (r): -23.9 $ billion