Tag: Commerce Department
U.S. trade deficit hits record $74.4 billion in March
WASHINGTON (AP) – The United States trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported...
U.S. economy accelerated at a robust 6.4% rate last quarter
WASHINGTON (AP) – Powered by consumers, the United States economy grew at a brisk 6.4% annual rate last quarter – a show of strength...
U.S. new home sales surged 20.7% in March to 1.02 million
WASHINGTON (AP) – Sales of new homes surged 20.7% in March to the highest level since 2006, rebounding from a sharp decline the previous...
U.S. trade deficit jumps 4.8% to $71.1 billion in February
SILVER SPRING, Md. (AP) – The United States trade deficit grew to a record $71.1 billion in February as a decline in exports more...
U.S. consumers rebound to boost spending 2.4% as income jumps
WASHINGTON (AP) – Bouncing back from months of retrenchment, America's consumers stepped up their spending by a solid 2.4% in January in a sign...
Sign of inequality: U.S. salaries recover even as jobs haven’t
WASHINGTON (AP) – In a stark sign of the economic inequality that has marked the pandemic recession and recovery, Americans as a whole are...
U.S. economy shrank 3.5% in 2020 after growing 4% last quarter
WASHINGTON (AP) – Stuck in the grip of a viral pandemic, the United States economy grew at a 4% annual rate in the final...
U.S. trade deficit jumps to $68.1B in Nov.
WASHINGTON (AP) – The United States trade deficit jumped to $68.1 billion in November, the highest monthly deficit in 14 years, as a surge...
U.S. slightly upgrades GDP estimate for Q3 to 33.4% growth
WASHINGTON (AP) – The United States economy expanded at a 33.4% annual pace from July through September, the Commerce Department said Tuesday, delivering the...
U.S. trade deficit falls to $63.9 billion in September
SILVER SPRING, Md. (AP) – The United States trade deficit fell in September after hitting a 14-year high the previous month as exports outpaced...
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