Commerce Department
Commerce Department Articles
ThinkstockThe Commerce Department is set to report the first-quarter gross domestic product (GDP) at 8:30 a.m. EST on Friday morning. Odds are lining up against the economy, and the sentiment of...
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ThinkstockThe report on durable goods for the month of March is turning out to not be too durable. This is a highly volatile reading because it involves so many big ticket items from airlines to...
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ThinkstockWholesale inventories and sales should be a relevant economic reading, but the one month lag can mute the reaction to the news. The Commerce Department reported that wholesale inventories...
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Courtesy Maersk LineThe U.S. trade balance, better known as the trade deficit, was reported as -$43.0 billion for the month of February 2012. This is down from the -$44.8 billion expected by...
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Consumers boosted their spending in July by a seasonally adjusted 0.4%, according to the latest Commerce Department data. That was the biggest gain in five months, as aftertax incomes continued to...
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When Gallup asked people about the state of the economy this spring, as a recovery appeared to have taken hold, the polling company found “nearly half of Americans, 46%, still say the economy is in...
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The Commerce Department has released its first quarter’s initial projection of Gross Domestic Product for the first quarter of 2012. The results are weaker than expected but they will put the...
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Construction spending dropped 1.1% in February, according to the Commerce Department. The numbers were a disappointment to most analysts In all probability, builders continue to watch a drop in home...
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The Commerce Department reports that new home sales reached a 47-year low in 2010 at 321,000. According to the AP, the figure was “a drop of 14.4 percent from the 375,000 homes sold in 2009. It was...
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U.S. consumer spending was nearly flat as the economy moved into the fourth quarter. Personal incomes fell in September, a sign the the holiday retail period may be in trouble. Consumer spending rose...
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Durable goods orders dropped 3.8% when transportation goods were backed out. Total new orders for manufactured goods rose .3%, less than expected, to $193 billion, according to the Commerce...
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Washington DC is a good place to work during a recession. Information from the Commerce Department shows personal incomes declined in 233 cities and rose in 134 in 2009. In nine cities, the figure...
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Reuters: Economists have cut forecasts and look to the Federal Reserve to take action. Reuters: BP Plc (NYSE: BP) will try the final stage of killing its leaking well and has begun to fund...
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