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,...

[shopping]

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...

[family Christmas shopping]

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...

[positive housing icon]

Housing Starts Grow in November

The Commerce Department released a report today saying that November housing starts increased to the highest level seen...

[dollar bills]

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...

[U.S. Capitol]

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...