Commerce Department

More Spending, Bigger Paychecks Shine Hope on Economic Recovery

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. Get the Full...

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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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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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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April Retail Sales Stall Without Stimulus; Deliver A Flat 0.0 Pct Reading vs March
April Retail Sales Stall Without Stimulus; Deliver A Flat 0.0 Pct Reading vs March
May 14, 2021  |  Retail

Total retail and food sales stalled in April in the face of rising prices and the absence of $1,400 stimulus checks that fueled a record...

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February Retail Sales Drop 3 Pct After January’s Stimulus Spending Dried Up
February Retail Sales Drop 3 Pct After January’s Stimulus Spending Dried Up
March 16, 2021  |  Retail

Retail sales, the nation’s broadest measure of consumer activity, fell 3 percent last month, contracting far more than economists were expecting while marking a stark...

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