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THE UNITED STATES trade deficit increased 8.4% in May to $55.5 billion. / BLOOMBERG NEWS FILE PHOTO/QILAI SHEN

U.S. trade gap widens by more than forecast to highest in...

WASHINGTON – The United States trade deficit widened by more than forecast to a five-month high as imports surged the most since 2015, illustrating...
U.S. CONSUMER SPENDING in the first quarter grew at a 0.9% annual pace, revised down 1.3%. / BLOOMBERG NEWS FILE PHOTO/BRENT LEWIN

U.S. first-quarter consumer spending revised down to 0.9% gain

WASHINGTON – United States consumer spending in the first quarter was even weaker than previously reported on lower outlays for services while business investment...
U.S. RETAIL SALES overall sales rose 0.5% in May. / BLOOMBERG NEWS FILE PHOTO/ARIANA LINDQUIST

U.S. retail sales post broad rise, prior months revised up

WASHINGTON – United States retail sales posted a broad-based gain in May and the prior two months were revised higher, suggesting consumer spending is...
THE U.S. TRADE deficit in goods and services shrank to $50.8 billion in April as both exports and imports declined. / BLOOMBERG NEWS FILE PHOTO/PATRICK T. FALLON

Exports, imports both plummet as U.S. trade deficit narrows

NEW YORK – The United States trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump’s...
OVERALL U.S. construction spending was little changed in April from the prior month. Government data showed that private construction plunged 1.7% from March, the worst drop in six years, while government building jumped 4.8%, with the biggest boost in federal outlays since 2017. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

Surge in public U.S. construction masks drop in private sector

PROVIDENCE – United States construction spending is going in different directions depending on whether it's spearheaded by governments or the private sector, with a...
THE FED’S preferred core price gauge - tied to spending and excluding food and energy - rose 0.2% from the prior month and 1.6% from a year earlier following a downwardly revised 1.5% in march, according to a commerce department report. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

Fed’s preferred core-price gauge picks up while spending gains

NEW YORK – A crucial measure of United States inflation watched by the Federal Reserve picked up in April for the first time this...
UNITED STATES GDP growth for the first quarter of 2019 was revised down to 3.1%. / BLOOMBERG NEWS FILE PHOTO/ALEX FLYNN

U.S. Q1 growth revised down to 3.1% pace from 3.2%

NEW YORK – United States economic growth last quarter was revised down by less than expected amid stronger consumption and exports than initially reported,...

U.S. business-equipment orders post biggest drop in four months

NEW YORK – Orders with United States factories for business equipment declined in April by the most in four months, signaling deepening fallout from the...
THE VALUE of overall U.S. sales declined 0.2%. in April. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

U.S. retail sales unexpectedly fall in April on autos

NEW YORK – United States retail sales unexpectedly declined in April for the second time in three months, weighed down by soft sales of...
THE OVERALL U.S. merchandise-trade deficit widened 0.7% to $72.4 billion in March. / BLOOMBERG NEWS FILE PHOTO/QILAI SHEN

U.S. trade gap with China shrank in March to lowest since...

NEW YORK – The United States trade deficit with China decreased to the narrowest in almost three years as imports slowed and exports advanced,...
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