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TeachMeFinance.comDecember 2005 US Economic Indicators 2005/12/24 - New home sales in November were 1,245,000, down 11.3% from October but up 6.0% from November 2004. 2005/12/22 - Personal income in November rose 0.3% to $10.4 billion. Nominal personal consumption expenditures (PCE) increased 0.3%, while real PCE rose 0.7%. Nominal disposable personal income (DPI) increased 0.3% and real DPI rose 0.7%. 2005/12/21 - Real gross domestic product (GDP) grew at an annual rate of 4.1% in the third quarter of 2005, according to today's final estimate. This follows a growth rate of 3.3% in the second quarter. Corporate profits decreased $54.4 billion in the third quarter, following an increase of $59.3 billion in the second quarter. 2005/12/20 - Housing starts in November were 2,123,000, up 5.3% from October and up 17.5% from November 2004. Permits were 2,155,000, up 2.5% from last month and up 3% from one year ago. 2005/12/16 - The U.S. current account deficit was $195.8 billion in the third quarter of 2005, down 1% from the second quarter. 2005/12/14 - The U.S. international trade in goods and services deficit in October grew by 4.4% from September, to - $68.9 billion. Exports were $107.5 billion, up 1.7%, and imports were $176.4 billion, up 2.7% from the previous month. 2005/12/14 - Business inventories in October 2005 were $1,286 billion, up 0.3% from September and up 4.1% from October 2004. Sales were $1,030.8 billion, up 0.8% from September and up 7.6% from one year ago. 2005/12/13 - Retail sales for November were $353.9 billion, up 0.3% from October and up 6.3% from November 2004. Excluding automobiles, retail sales were $280.5 billion, down 0.3% from October but up 8.7% from one year ago. 2005/12/10 - Wholesale inventories in October were $357 billion, up 0.2% from September and up 6.6% from October 2004. Sales were $314.9 billion, up 1.2% from last month and up 10.7% from one year ago. 2005/12/07 - New orders for manufactured durable goods in October were $214.4 billion, up 3.4% from September. Overall shipments rose 1.4%, to $212.7 billion, while non-defense capital goods shipments rose 4.4%, to $67.3 billion. Inventories increased 0.4% from last month, to $283.3 billion. 2005/12/07 - New orders for manufactured goods in October increased 2.2%, to $399.8 billion. Shipments rose 1.0%, to $397.6 billion. Unfilled orders rose 1.6%, to $604.1 billion. And inventories increased 0.6%, to $466.3 billion. 2005/12/02 - Construction spending in October 2005 was $1,131.7 billion, up 0.7% from September and up 7.9% from October 2004. Total non-residential construction spending was $494.9 billion, up 0.7% from last month and up 7.4% from one year ago. 2005/12/02 - Personal income in October rose 0.4%, to $10,385 billion. Nominal personal consumption expenditures rose 0.2%, while real PCE rose 0.1%. Nominal disposable personal income increased 0.3%, while real DPI rose 0.2%. The personal savings rate as a percentage of DPI decreased to -0.7%. Copyright © 2005 by Mark McCracken, All Rights Reserved |