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TeachMeFinance.comAugust 2005 US Economic Indicators 2005/08/31 - Real gross domestic product (GDP) grew at an annual rate of 3.3% in the second quarter of 2005, according to today's preliminary estimate. This follows a growth rate of 3.8% in the first quarter. Corporate profits increased $79.2 billion in the second quarter, following an increase of $68.7 billion in the first. 2005/08/30 - New orders for manufactured goods in July declined 1.9%, to $387.8 billion. Shipments rose 0.7%, to $389.3 billion. Unfilled orders increased 1%, to $580.5 billion. And inventories were $463.8 billion, an increase of 0.5%. 2005/08/24 - New home sales in July were 1,410,000, up 6.5% from June and up 27.7% from July 2004. 2005/08/24 - New orders for manufactured durable goods in July were $204.7 billion, down 4.9% from June. Overall shipments were $206.4 billion, down 0.1%, while non-defense capital goods shipments were $64.4 billion, down 0.7% from last month. 2005/08/12 - The international trade in goods and services deficit in June was $58.8 billion, up 6.1% from May. Exports were virtually unchanged at $106.8 billion, while imports were $165.6 billion, up 2.1% from last month. 2005/08/11 - Business inventories in June 2005 were $1,300.0 billion, virtually unchanged from May, but up 5.9% from June 2004. Sales were $1,006.3 billion, up 0.7% from last month and up 7.8% from one year ago. 2005/08/11 - Retail sales in July were $357 billion, up 1.8% from June and up 10.3% from one year ago. Excluding automobiles, retail sales were $271.4 billion, up 0.3% from last month and up 8.1% from July 2004. 2005/08/09 - Wholesale inventories in June were $353.1 billion, up 0.7% from May and up 10.2% from one year ago. Sales were $297.3 billion, up 0.6% from last month and up 7.8% from June 2004. Copyright © 2005 by Mark McCracken, All Rights Reserved |