Tag: Commerce Department
U.S. annual trade deficit shrinks for first time in six years
WASHINGTON – The United States trade deficit narrowed in 2019 from the widest in a decade, reflecting plunges in shipments from China and oil...
U.S. retail sales post solid advance to close out moderate 2019
WASHINGTON – United States retail sales strengthened in December, thanks to a late holiday-shopping rush that wrapped up a more-moderate year of spending at...
U.S. trade deficit falls 8.2% to $43.1 billion in Nov.
WASHINGTON (AP) – The United States trade deficit fell in November to the lowest level in more than three years as U.S. exports rose...
U.S. business-equipment orders tame amid investment downshift
WASHINGTON – Orders for United States capital equipment barely increased in November, consistent with a downshift in corporate investment throughout the year that’s weighed...
U.S. retail sales miss forecasts as restaurants decline
WASHINGTON – United States retail sales missed forecasts calling for an acceleration in November as clothing stores and restaurants posted declines, signaling the economy’s...
U.S. business-equipment demand jumps by most since Jan.
WASHINGTON – Demand for United States business equipment unexpectedly increased in October by the most since the start of the year, a respite from...
U.S. retail sales exceed estimates, with some signs of cooling
WASHINGTON – United States retail sales rose more than estimated in October on gains from auto dealers and gas stations, though declines in categories...
U.S. trade with China tumbled in Sept. after fresh tariffs
WASHINGTON – United States trade with China nosedived in September after President Donald Trump escalated the trade war with fresh tariffs on consumer items,...
U.S. economy holds up with 1.9% growth on consumer strength
WASHINGTON – A resilient American consumer helped the United States economy expand more than forecast in the third quarter, assuaging concerns for now of...
Manufacturing is now smallest share of U.S. economy in 72 Years
WASHINGTON – Three years after Donald Trump campaigned for president pledging a factory renaissance, the opposite appears to be happening.
Manufacturing made up 11% of...
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