Department of Commerce

eCommerce Helps Fuel Unexpected Climb in Retail Sales
eCommerce Helps Fuel Unexpected Climb in Retail Sales
April 15, 2024  |  Economy

Retail sales climbed higher than anticipated in March, fueled in part by a jump in eCommerce. Data released Monday (April 15) by the U.S. Department of...

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US and Great Britain Forge AI Safety Pact
US and Great Britain Forge AI Safety Pact
April 02, 2024  |  artificial intelligence

The U.S. and U.K. have pledged to work together on safe AI development. The agreement, inked on Monday (April 1) by U.S. Commerce Secretary Gina Raimondo and U.K....

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NIST Says Defending AI Systems From Cyberattacks ‘Hasn’t Been Solved’
NIST Says Defending AI Systems From Cyberattacks ‘Hasn’t Been Solved’
January 05, 2024  |  Artificial Intelligence

New technologies bring with them new opportunities — and new threats. As we enter the new year, many eyes are on the transformative potential of...

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AI Needs Safety Standards and NIST Wants to Write Them
AI Needs Safety Standards and NIST Wants to Write Them
December 20, 2023  |  Artificial Intelligence

Despite its increasing popularity, generative artificial intelligence is still in its infancy. What happens now with the novel technology will be determined by what businesses...

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A Look at U.S. Initiatives on AI Use and Its Development
A Look at U.S. Initiatives on AI Use and Its Development
November 03, 2023  |  artificial intelligence

President Biden issued an executive order on Monday (Oct. 30) on artificial intelligence (AI) to ensure that America leads in harnessing the potential of AI...

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GDP Data Shows Disposable Income Growth Slowing as Consumers Seek to Pad Savings
GDP Data Shows Disposable Income Growth Slowing as Consumers Seek to Pad Savings
July 27, 2023  |  Consumer Insights

The latest data from the U.S. Department of Commerce show that consumer spending helped push gross domestic product (GDP) past expectations. But the growth in disposable income appears to...

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Barriers to a Fully Connected Economy Include the Fight for Utility Pole Rights
Barriers to a Fully Connected Economy Include the Fight for Utility Pole Rights
March 13, 2023  |  Technology

Large swaths of the U.S. are still without high-speed broadband internet service at the third anniversary of the pandemic lockdowns, keeping millions from enjoying the...

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BEA Reports 2.6% Growth in Real GDP in Q3
BEA Reports 2.6% Growth in Real GDP in Q3
October 27, 2022  |  Economy

After dipping in the first and second quarters, real gross domestic product (GDP) rose at an annual rate of 2.6% in the third quarter, according...

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US Spending Data Shows Shrinking Consumer Cash Cushions
US Spending Data Shows Shrinking Consumer Cash Cushions
September 30, 2022  |  Economy

While most everyone is parsing the consumer spending data from August, and while consumer spending continued to rise, there are some numbers that give one...

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