Tag: Commerce Department
Retail sales unchanged in October, hurt by decline in auto sales
NEW YORK (AP) – Sales at U.S. retailers and restaurants were unchanged in October from September as consumers moderated their spending amid worries about...
Fed’s preferred inflation gauge stayed elevated in September as spending weakened
WASHINGTON (AP) – The Federal Reserve’s preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate...
U.S. retail sales rose slightly in September, adding to months of...
WASHINGTON (AP) – Sales at U.S. retailers and restaurants increased modestly in September as resilient consumers moderated their spending after splurging over the summer.
Sales rose...
Fed’s favored inflation gauge accelerates slightly in August
WASHINGTON (AP) – The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier.
The Commerce Department reported Friday that its personal...
Retail sales up 0.6% in August from July even as tariffs...
NEW YORK (AP) – Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school shopping, even as President Donald...
Key U.S. inflation gauge holds mostly steady though core inflation ticks...
WASHINGTON (AP) – The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of...
U.S. economy grew stronger in second quarter than initially thought
WASHINGTON (AP) – The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars.
In an upgrade from its first...
Retail sales rise a solid 0.5% in July as shoppers appear...
NEW YORK (AP) – Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, as they shrug off President Donald...
U.S. economy rebounds a surprisingly strong 3% in the second quarter
WASHINGTON (AP) – The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing back at least temporarily from a...
Retail sales up a surprising 0.6% in June after a May...
WASHINGTON (AP) – After an earlier pullback, consumers picked up their spending in June despite anxiety over tariffs and the state of the U.S. economy.
Retail sales rose...
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