Commerce Department

Retail Sales Reach $509B In September
Retail Sales Reach $509B In September
October 15, 2018  |  Retail

Falling short of economists’ expectations, retail store and restaurant sales grew by only 0.1 percent from August to September to reach a seasonally adjusted figure...

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Consumer Spending Increases 0.3 Pct; Inflation Steady In August
Consumer Spending Increases 0.3 Pct; Inflation Steady In August
September 28, 2018  |  Consumer Finance

Data released Friday (Sept. 28) shows that U.S. consumer spending grew in August by 30 basis points, as estimated by the Commerce Department. Inflation continued to...

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US Retail Sales Rose Higher In July
US Retail Sales Rose Higher In July
August 16, 2018  |  Retail

U.S. retail sales rose higher than expected last month — a sign that the economy remained strong early in the third quarter. According to Reuters,...

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Commerce Department Developing Data Privacy Policies
Commerce Department Developing Data Privacy Policies
July 30, 2018  |  Data

The White House is in the process of crafting consumer data privacy policies with the Commerce Department, talking with the likes of Facebook, Comcast and...

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Deal Would Allow ZTE To Work With US Suppliers Again
Deal Would Allow ZTE To Work With US Suppliers Again
May 28, 2018  |  Regulation

A month after ZTE was banned from buying tech components from American companies after reportedly breaking U.S. sanctions against North Korea and Iran, the company...

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Retail Sales Take Another Unexpected Monthly Dip
Retail Sales Take Another Unexpected Monthly Dip
March 14, 2018  |  Retail

U.S. retail sales continue to disappoint in early 2018, with an unexpected drop in February. For those keeping score at home, that represents the third...

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U.S. Consumers Spending More, Saving Less
U.S. Consumers Spending More, Saving Less
January 30, 2018  |  Consumer Finance

The wealth effect is in full force, it seems. The Wall Street Journal reported Monday (Jan. 29) that stock prices, levitating as they are, and...

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Consumers’ Spending Blows Past September Estimates
Consumers’ Spending Blows Past September Estimates
October 31, 2017  |  Consumer Insights

U.S. consumer spending saw its largest increase in more than eight years in September, buoyed by the replacement of flood-damaged vehicles in Texas and Florida,...

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Q3 US GDP Rises Despite Hurricanes
Q3 US GDP Rises Despite Hurricanes
October 27, 2017  |  Economy

Through ill winds — literally — the U.S. economy managed to grow significantly in the third quarter, as measured by gross domestic product (GDP). According to news...

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