Tag: Commerce Department
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...
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...
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