Tag: Commerce Department
Federal Reserve’s favored inflation gauge shows price pressures easing
WASHINGTON (AP) – An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears...
U.S. economic growth for last quarter is revised up to a...
WASHINGTON (AP) – The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government...
U.S. shoppers sharply boosted spending at retailers in July despite higher...
WASHINGTON (AP) – Americans stepped up their spending at retailers last month by the most in a year and a half, easing concerns that the economy...
Fed’s preferred inflation gauge cools, adding to likelihood of a September...
WASHINGTON (AP) – The Federal Reserve's favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the...
U.S. economic growth increased last quarter to a healthy 2.8% annual...
WASHINGTON (AP) – The nation's economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure...
Retail sales unchanged in June from May, underscoring shoppers’ resilience
NEW YORK (AP) – Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the...
Federal Reserve’s preferred inflation gauge shows price pressures easing further
WASHINGTON (AP) – A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are...
U.S. economic growth for last quarter is revised up slightly to...
WASHINGTON (AP) – The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the...
Retail sales rise a meager 0.1% in May from April as...
NEW YORK (AP) – Consumers barely increased spending in May from April as still high inflation and high interest rates curbed spending.
Retail sales rose...
Federal Reserve’s preferred inflation gauge eased last month for the first...
WASHINGTON (AP) – A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after...
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