Tag: Commerce Department
U.S. retail sales fall most in 9 years amid stock plunge
NEW YORK - United States retail sales unexpectedly fell in December, posting the worst drop in nine years in a sign of slower economic...
U.S. retail sales top estimates as core measure up most in...
NEW YORK - United States retail sales topped forecasts in November as a key measure jumped by the most in a year and October...
U.S. trade gap widens to 10-year high amid China tensions
NEW YORK - The United States trade deficit widened more than forecast in October to the highest in a decade, underscoring continued fallout from the...
U.S. consumer spending picks up; Inflation below forecast
NEW YORK - Americans’ spending rose by more than forecast in October, giving the biggest part of the economy a solid start to the quarter,...
U.S. economy grew at unrevised 3.5% pace in Q3
NEW YORK - The United States economy remained on a solid footing in the third quarter, matching previously reported results, as stronger business investment...
Orders for U.S. business equipment trailed forecasts in Oct.
NEW YORK - Orders placed with United States factories for business equipment were weak in October for a third straight month, another sign that...
Retail sales show U.S. spending solid but no longer gangbusters
NEW YORK - Americans are still shopping - just not at the gangbusters pace seen earlier in the year.
October retail sales rose by the...
Americans save less to sustain spending as income gains cool
NEW YORK - Americans kept on spending in September as income gains cooled, pushing down the savings rate to the lowest this year. Inflation matched...
Tariffs bite U.S. economy as trade gap widens, orders slow
NEW YORK - The United States merchandise-trade deficit widened to a record in September while orders for business equipment declined for a second month, adding...
U.S. retail sales miss forecasts as restaurant receipts drop
NEW YORK - United States retail sales rose less than forecast in September, as a broad-based increase was overshadowed by a drop in restaurant receipts...