Tag: Commerce Department
Inflation ticked higher last month, in latest sign of persistent price...
WASHINGTON (AP) – An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain...
U.S. economy grows solid 2.3% from October to December
WASHINGTON (AP) – The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.
The Commerce Department reported Thursday that...
U.S. retail sales rose modestly last month amid solid holiday shopping
Americans stepped up their spending at retail stores and restaurants last month in a clear sign that consumers are still able and willing to...
Holiday shoppers increased spending by 3.8% despite higher prices
Sales rose this year during the holiday shopping season even as Americans wrestled with elevated prices for many groceries and other necessities, according to...
U.S. economy grows at 3.1% pace in third quarter, an upgrade...
WASHINGTON (AP) – The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in...
Retail sales rose at healthy pace last month in latest sign...
WASHINGTON (AP) – Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the...
U.S. inflation gauge ticks higher with price pressures still stubborn
WASHINGTON (AP) – Consumer price increases accelerated last month, the latest sign that inflation's steady decline over the past two years has stalled in...
U.S. economy grows at 2.8% pace in third quarter on consumer...
WASHINGTON (AP) – The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in...
Retail sales up solidly in October as Americans showed continued willingness...
WASHINGTON (AP) – U.S. retail sales rose last month at a healthy pace in the latest sign that consumer spending is driving the economy's...
Inflation gauge closely watched by the Fed falls to lowest level...
WASHINGTON (AP) – As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government said Thursday that an...
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