Industrial production rose 1.6% in October after falling 1.3% in September, as about half of the gain in October reflected a recovery from the effects of Hurricane Ida, according to the U.S. Federal Reserve. Manufacturing output increased 1.2% in October. Excluding a large gain in the production of motor vehicles and parts, factory output moved […]
Category: U.S. Census Bureau
Goods and Services Deficit Rises in September
The goods and services deficit rose 11.2% to $80.9 billion in September, up $8.1 billion from a revised $72.8 billion in August, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. September exports dropped 3% to $207.6 billion. The month’s imports rose 0.6% to $288.5 billion. The September increase in the […]
New Residential Construction Slowed in September
The rate of new residential construction slowed in September, two federal departments said. Privately‐owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,589,000, 7.7% below the revised August rate but virtually unchanged from the September 2020 rate, according to a report from U.S. Census Bureau and the […]
U.S. Census Bureau: Manufacturing and Trade Shipments Drop Slightly in August
The combined value of distributive trade sales and manufacturers’ shipments for August, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,615.9 billion, which was down 0.1% from July but was up 15.3% from the same month a year ago, according to the U.S. Census Bureau. Manufacturers’ and trade […]
Wholesale Trade Sales Down 1.1% in August
Wholesale trade sales dropped 1.1% in August compared to July, but sales were up 20.6% from revised 2020 levels for the same period, according to the latest report from the U.S. Census Bureau. August 2021 sales of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading day differences but […]
Goods and Services Deficit Rises in August
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced Tuesday that the goods and services deficit was $73.3 billion in August, up $2.9 billion from a revised $70.3 billion in July. August exports were $213.7 billion, $! billion more than July exports. August imports were $287.0 billion, $4 billion more than July […]
