Tag: Commerce Department
Orders for U.S. business equipment unexpectedly fall in Jan.
NEW YORK - Orders for business equipment at United States factories unexpectedly fell for a second month, a sign that demand is cooling from...
U.S. consumer spending rose in Dec., saving rate dipped
NEW YORK - U.S. consumer spending rose at a solid pace in December after an upwardly revised advance a month earlier as shoppers splurged...
U.S. third-quarter growth revised down to 3.2% pace from 3.3%
NEW YORK - The U.S. economy’s third-quarter growth was revised slightly downward on lower contributions from consumer spending and trade, though the pace remained...
U.S. retail sales jump more than forecast in broad advance
NEW YORK - United States retail sales rose more than forecast in November and the previous month was revised higher, indicating a broad strengthening...
U.S. third-quarter growth revised to three-year high of 3.3%
NEW YORK - The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment from businesses...
U.S. second-quarter growth revised to 3% in momentum boost
NEW YORK - United States second-quarter growth was revised upward to the fastest pace in two years on stronger household spending and a bigger...
Slowdown in U.S. business-equipment orders may weigh on growth
NEW YORK - An unexpected decline in U.S. orders for business equipment in May indicates cooling capital-goods investment may weigh on second-quarter economic growth,...
As Fed readies rate rise, inflation slips further from goal
NEW YORK - The worst of the price war in the U.S. mobile-phone market may be over. But the lurch down in inflation it...
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