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TeachMeFinance.comJuly 2005 US Economic Indicators 2005/07/30 - Real gross domestic product (GDP) grew at an annual rate of 3.4% in the second quarter of 2005, according to today's advance estimate. This follows a growth rate of 3.8% in the previous quarter and 3.5% one year ago. 2005/07/27 - New home sales in June were 1,374,000, up 4.0% from May and up 14.0% from June 2004. 2005/07/27 - New orders for manufactured durable goods in June were $215.4 billion, up 1.4% from May. Overall shipments were $207.9 billion, down 0.1%, while non-defense capital goods shipments were $69.3 billion, virtually unchanged from May. 2005/07/19 - Housing starts in June were 2,004 thousand, unchanged from May and up 9.7% from June 2004. Permits were 2,111 thousand, up 2.4% from May and up 4.8% from one year ago. 2005/07/15 - Business inventories in May 2005 were $1,299.6 billion, up 0.1% from April and up 7.0% from one year ago. Sales were $997.8 billion, down 0.1% from April but up 6.9% from May 2004. The inventories/sales ratio was 1.30, the same as last month and as one year ago. 2005/07/14 - Retail sales for May were $350.8 billion, up 1.7% from April and up 9.6% from one year ago. Excuding automobiles, retail sales were $270.2 billion, up 0.7% from April and up 8.3% from May 2004. 2005/07/13 - The international trade in goods and services deficit in May was $55.3 billion, down 1.6% from April. Exports were $106.9 billion, up 0.2%, while imports were $162.2 billion, down 1.4% from last month. 2005/07/09 - Wholesale inventories in May were $350.1 billion, up 0.1% from April and up 10.4% from one year ago. Sales were $295.5 billion, virtually unchanged from April but up 7.3% from May 2004. 2005/07/05 - New orders for manufactured goods in May were $394.1 billion, up 2.9% from April. Shipments in May were $390.8 billion, virtually unchanged from last month, while unfilled orders rose 1.9%, to $563.7 billion. Inventories were $484.6 billion, nearly unchanged from April. Copyright © 2005 by Mark McCracken, All Rights Reserved |