Tag: Commerce Department
U.S. Payrolls Rise 175,000; Unemployment Rate Climbs to 6.7 Percent
Employers added more workers than projected in February, indicating the U.S. economy is starting to recover from a...
Fourth-Quarter U.S. GDP Growth Cut to 2.4 Percent
The U.S. government slashed its estimate for fourth-quarter growth as consumer spending and exports fell below initially estimates,...
Consumer Spending in U.S. Increases More Than Forecast
U.S. consumer spending climbed more than forecast in December, even as incomes stagnated, the Commerce Department reported Friday.
U.S. Economy Grew 3.2% in Q4 as Consumer Spending Picked up
The U.S. economy expanded at a 3.2 percent pace in the fourth quarter as Americans’ spending rose the...
U.S. Retail Sales Climbed More Than Forecast in December
Retail sales rose more than forecast in December as consumers enticed by year-end discounting stepped up holiday gift...
Orders for U.S. Durable Goods Rise More than Forecast
Orders for durable goods climbed more than forecast in November, showing broad-based gains that signal U.S. business investment...
Third-Quarter Growth in U.S. Revised Higher on Services
The U.S. economy expanded in the third quarter faster than previously estimated as consumers boosted spending on services...
Housing Starts Grow in November
The Commerce Department released a report today saying that November housing starts increased to the highest level seen...
U.S. third-quarter growth revised up to 3.6 percent
The U.S. economy grew faster than initially estimated in the third quarter as businesses aggressively boosted inventory, but...
Labor Department Says It Contacted Commerce on Jobs Charges
The Labor Department has contacted the Census Bureau about allegations in a New York Post article today that...