Tag: Commerce Department
Key inflation gauge rose last month while Americans cut back on...
WASHINGTON (AP) – A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut...
U.S. economy shrank 0.5% between January and March
WASHINGTON (AP) – The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump's trade wars disrupted business, the Commerce...
U.S. retail sales slide after a spring spending surge to beat...
WASHINGTON (AP) – Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President...
U.S. inflation gauge cools with little sign of tariff impact, so...
WASHINGTON (AP) – A key U.S. inflation gauge slowed last month as President Donald Trump's tariffs have yet to noticeably push up prices, while...
U.S. economy falls 0.2% in first quarter, an upgrade from initial...
WASHINGTON (AP) – The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President...
Retail sales rise in March as shoppers stock up on big-ticket...
NEW YORK (AP) – U.S. shoppers increased their shopping last month, fueled by a spending spree on big-ticket items from gadgets to cars before...
U.S. inflation remained elevated last month as consumer spending recovered
WASHINGTON (AP) – An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has been...
U.S. shoppers increased spending tepidly last month as anxiety over the...
WASHINGTON (AP) – U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month, signaling that Americans are...
U.S. consumer spending falls in January most since February 2021
WASHINGTON (AP) – U.S. consumers cut back drastically on spending last month, the most since February 2021, even as inflation declined, though stiff tariffs threatened by...
U.S. retail sales plunged last month as consumers pulled back after...
WASHINGTON (AP) – U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors and dented sales at car dealers and...
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