Commerce Department - Page 17 of 22 - Providence Business News

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

Economic Activity 06/06/2019

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

Economic Activity 06/03/2019

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

Economic Activity 05/31/2019

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%

Economic Activity 05/30/2019

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

Economic Activity 05/24/2019

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

Economic Activity 05/15/2019

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...

Economic Activity 05/09/2019

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

THE UNITED STATES goods-trade gap grew to $71.4 billion from $70.9 billion in February, / BLOOMBERG NEWS FILE PHOTO/QILAI SHEN

U.S. goods-trade gap widens to $71.4B on import increase

Economic Activity 05/03/2019

NEW YORK – America’s merchandise-trade deficit widened in March for the first time in three months as an increase in imports exceeded the rise...

UNITED STATES purchases increased 0.9 percent in March. / BLOOMBERG FILE PHOTO/ARIANA LINDQUIST

U.S. March consumer spending picks up as core inflation cools

Economic Activity 04/29/2019

NEW YORK - United States consumer spending rebounded in March while the Federal Reserve's preferred underlying inflation gauge eased to a one-year low, reinforcing...