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U.S. RETAIL SALES declined 16.4% month to month in April. / AP FILE PHOTO/TONY DEJAK

U.S. retail sales plunged a record 16% in April as virus...

BALTIMORE (AP) – United States retail sales tumbled by a record 16.4% from March to April as business shutdowns caused by the coronavirus kept...
THE U.S. TRADE GAP widened 11.6% in March to $44.4 billion. / AP FILE PHOTO/WILFREDO LEE

U.S. trade gap rises to $44.4B as virus slams commerce

WASHINGTON (AP) – The United States trade deficit rose in March as the coronavirus outbreak battered America's trade with the world. The Commerce Department...
U.S. CONSUMER spending declined 7.5% in March, the sharpest drop on record. / AP FILE PHOTO/MARK HUMPHREY

U.S. consumer spending plunges record 7.5%, reflecting virus

WASHINGTON (AP) – United States consumer spending plunged 7.5% in March, reflecting the growing impact of the coronavirus pandemic as Americans complied with stay-at-home...
U.S. GDP declined at a 4.8% annual rate in the first quarter and the CBO projects an annualized decline of 40% in the second quarter due to COVID-19 related shutdowns. / AP FILE PHOTO DAVE KOLPACK

U.S. economy shrank at 4.8% rate last quarter as virus struck

WASHINGTON (AP) – The United States economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the...

Consumer spending edges up slight 0.2% in Feb. but declines expected...

WASHINGTON (AP) – Americans increased their spending by a modest amount in February but the expectation is that spending will be hit hard in...
U.S. DURABLE GOOD orders rose 1.2% in February. / AP FILE PHOTO/STEVEN SENNE

U.S. big-ticket factory orders up 1.2% in Feb.

WASHINGTON (AP) – Orders to United States factories for big-ticket manufactured goods rose by a solid amount in February, but the gain came before...
THE U.S. TRADE GAP declined 6.7% in January to $45.3 billion. /AP FILE PHOTO/WILFREDO LEE

U.S. trade deficit narrows to $45.3B in Jan.

WASHINGTON (AP) – The United States trade deficit narrowed in January as exports fell but imports fell more. The politically sensitive trade gap with...
U.S. GDP increased at a 2.1% rate in the fourth quarter. / AP FILE PHOTO/WILFREDO LEE

U.S. economy grew at 2.1% rate in Q4 but virus threat...

WASHINGTON (AP) – The United States economy grew at an annual rate of 2.1% in the final quarter of last year, but damage from...
UNITED STATES core capital goods orders increased 1.1% in January. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

Orders for U.S. business equipment jumped at start of year

WASHINGTON – Orders placed with United State factories for business equipment increased in January by the most in a year, representing a respite in...
THE ANNUAL U.S. deficit in goods and services decreased 1.7% to $616.8 billion in 2019, / BLOOMBERG NEWS FILE PHOTO/QILAI SHEN

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...

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