United States Department of Commerce
WASHINGTON (AP) — U.S. consumers ramped up spending in November on cars, appliances and furniture and made more purchases online, signaling growing confidence in the economy during the holiday shopping season. The Commerce Department said […]
WASHINGTON (AP) — The U.S. economy grew at a 3.6 percent annual rate from July through September, the fastest since early 2012. But nearly half the growth came from a buildup in business stockpiles, a […]
WASHINGTON (AP) — U.S. employers added 162,000 jobs in July, a modest increase and the fewest since March. Still, the unemployment rate fell to a 4½-year low of 7.4 percent, a hopeful sign in an […]
WASHINGTON (AP) — After nearly stalling in late 2012, the American economy quickened its pace early this year despite deep government cutbacks. The strongest consumer spending in two years fueled a 2.5 percent annual growth rate in the January-March quarter.
WASHINGTON (AP) — Americans shrugged off higher taxes to lift the U.S. economy at the start of the year. Government spending fell, though, and the impact of the tax increases along with federal budget cuts could slow growth later this year.
WASHINGTON (AP) — U.S. sales of new homes rose in March to a seasonally adjusted annual rate of 417,000. The increase added to evidence of a sustained housing recovery at the start of the spring buying season.
WASHINGTON (AP) — U.S. homebuilders broke the 1 million mark in March for the first time since June 2008. The gain signals continued strength for the housing recovery at the start of the spring buying season.
WASHINGTON (AP) — U.S. consumers stepped up spending in February after their income jumped, aided by a stronger job market that offset some of the drag from higher taxes.
WASHINGTON (AP) — Americans are less confident in the economy than they were last month as massive government spending cuts have stoked economic uncertainty.
WASHINGTON (AP) — U.S. builders started more houses and apartments in February and obtained permits for future construction at the fastest pace in 4 ½ years. The increases point to a housing recovery that is gaining strength.
WASHINGTON (AP) — Americans bought new homes last month at the fastest pace in more than two and a half years, further evidence of a sustained housing recovery. Sales of new homes rose 4.4 percent in November.
CHICAGO (AP) — The company that makes the gold-plated Oscar statues will lay off almost 100 employees in the process of being bought out. But some workers could be rehired, it said, and the […]