Commerce Department

Consumer Spending May Not Be as Resilient as Retail Sales Data Indicates
Consumer Spending May Not Be as Resilient as Retail Sales Data Indicates
September 20, 2023  |  Economy

The Federal Reserve’s staying pat, for now. The announcement on Wednesday (Sept. 20) that the central bank is leaving interest rates unchanged — at a...

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Online Sales Plateau as Consumer Spending Focuses on Gas and Groceries
Online Sales Plateau as Consumer Spending Focuses on Gas and Groceries
September 14, 2023  |  Economy

Consumers are in the aisles, spending on groceries, the clothes on their backs — and at brick-and-mortar locales, pivoting a bit from online channels. At...

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Factory Order Data Underscores Need for Robust Inventory Management — and Financing
Factory Order Data Underscores Need for Robust Inventory Management — and Financing
September 05, 2023  |  Economy

The U.S. Commerce Department said Tuesday (Sept. 5) that orders for U.S. manufactured goods were down in July, by 2.1%, a reversal from four straight...

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Retail Sales Top Estimates, but Key Discretionary Spending Declines
Retail Sales Top Estimates, but Key Discretionary Spending Declines
August 15, 2023  |  Economy

Retail sales keep on chugging along. To that end, the data released Tuesday (Aug. 15) by the Commerce Department showed that consumer spending, overall, remained...

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US Personal Income Rises as Consumer Spending Slows
US Personal Income Rises as Consumer Spending Slows
June 30, 2023  |  Consumer Finance

Consumer spending continued to drop in May as U.S. households curtailed spending and boosted their savings. Data from the Bureau of Economic Analysis (BEA) released...

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US Business Inventories Spring Up Slightly in April
US Business Inventories Spring Up Slightly in April
June 15, 2023  |  Economy

America’s business inventories enjoyed a slight rebound in April, according to new Commerce Department data. A report released by the department Thursday (June 15) showed that total...

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Retail Sales Data Shows Consumers Remain Undaunted by Inflation
Retail Sales Data Shows Consumers Remain Undaunted by Inflation
June 15, 2023  |  Economy

The latest retail sales data brings to mind that old 1960s mantra: Keep on truckin’. U.S. individuals and households boosted their spending in May, seemingly...

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Retail Sales Rose Slightly in April After 2 Months’ Decline
Retail Sales Rose Slightly in April After 2 Months’ Decline
May 16, 2023  |  Economy

U.S. retail sales climbed slightly in April following two months of decline. Figures from the Commerce Department released Tuesday (May 16) showed spending increasing a...

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Retailers Rethink Strategies as Consumer Spending Sinks
Retailers Rethink Strategies as Consumer Spending Sinks
March 16, 2023  |  Retail

January’s consumer spending numbers have turned out to be a temporary reprieve, as customers continue to cut back. The most recent Commerce Department spending numbers...

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