United States Department of Commerce

US new home sales jump to fastest rate in 2½ years

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.

12/27/2012

Oscar statue

Academy Award maker plans layoffs in Chicago

  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 […]

12/07/2012

US consumer spending rose 0.8 percent in September

WASHINGTON (AP) – Americans increased their spending in September at twice the rate their income rose, a sign of confidence in the economy. The Commerce Department says consumer spending increased 0.8 percent in September, the […]

10/29/2012

Romney calls for 'bold changes' for economy

DES MOINES, Iowa (AP) – Republican presidential candidate Mitt Romney is calling for “bold changes” to help revive the nation’s economy as he outlines a closing economic argument in a speech Friday in Iowa. Romney […]

10/26/2012

Weak business spending drags on US growth

WASHINGTON (AP) – Companies are holding off on purchases of computers, industrial equipment and other long-lasting manufactured goods, a trend that’s slowing the U.S. economy. A fourth straight month of lackluster corporate spending led many […]

10/25/2012

US retail sales up 1.1 percent in September

WASHINGTON (AP) – Americans stepped up their spending at retail businesses in September, reflecting higher consumer confidence. The increase was driven by another strong month of auto sales and the release of the iPhone5. Retail […]

10/15/2012

US builders trimmed work for second month

WASHINGTON (AP) – U.S. builders trimmed their activity for a second straight month in August as a solid gain in home construction failed to offset declines in nonresidential activity and government projects. The Commerce Department […]

10/01/2012

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