Commerce Department

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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Oct Retail Sales up 1.3% to 8-Month High Heading Into Holiday Season
Oct Retail Sales up 1.3% to 8-Month High Heading Into Holiday Season
November 16, 2022  |  Economy

Americans are heading into the holiday shopping season spending more on essentials like food and gas, as well as big-ticket items like cars and discretionary...

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More Spending, Bigger Paychecks Shine Hope on Economic Recovery
More Spending, Bigger Paychecks Shine Hope on Economic Recovery
September 30, 2022  |  Economy

Consumer spending in August rose 0.4%, aligning with bigger paychecks and rebounding from a decline last month even as inflation stays high. Excluding food and...

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Consumer Spending Jumps 1.1% in March, Inflation Up 6.6% YoY
Consumer Spending Jumps 1.1% in March, Inflation Up 6.6% YoY
April 29, 2022  |  Economy

Consumer spending across the U.S. was up 1.1% in March, according to a Friday (April 29) Commerce Department press release. The spending boost was led...

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Consumer Spending up Despite COVID, Supply Chain Issues
Consumer Spending up Despite COVID, Supply Chain Issues
October 15, 2021  |  Consumer Payments

You can’t keep the American shopper down. As The Wall Street Journal reported on Friday (Oct. 15), U.S. consumer spending rose in September, a signal...

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Retail Sales Up 0.7% in September as Inflation Continues to Rise
Retail Sales Up 0.7% in September as Inflation Continues to Rise
October 15, 2021  |  Retail

Labor Day travel and continued consumer resilience contributed to a 0.7% increase in consumer spending last month, the U.S. Commerce Department said on Friday (Oct....

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Back-to-School, eCommerce Help Boost August Retail Sales by 0.7%
Back-to-School, eCommerce Help Boost August Retail Sales by 0.7%
September 16, 2021  |  Retail

U.S. consumer spending unexpectedly rose 0.7% in August, reversing a slump in July and defying concerns that a surge in COVID cases and business restrictions...

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Commerce Department Launches AI Board, Seeks Candidates
Commerce Department Launches AI Board, Seeks Candidates
September 09, 2021  |  artificial intelligence

The U.S. Commerce Department is forming an artificial intelligence (AI) committee that will work alongside the National AI Initiative Office (NAIIO) in the White House...

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