Commerce Department news and trends

As US Data Moves to Blockchain, Should Businesses Follow?

August 29, 2025
blockchain
Chainlink Partners Commerce Department to Bring Data to Blockchain
Blockchain // August 28, 2025

Chainlink has teamed with the U.S. Department of Commerce to bring government macroeconomic data on-chain. The new Chainlink Data Feeds, announced Wednesday (Aug. 28), aim to securely deliver important information involving key U.S. economic data on-chain, including real gross domestic product (GDP), personal consumption expenditures...

Report: Commerce Department Bans Use of DeepSeek on Government Devices
Artificial Intelligence // March 18, 2025

The Department of Commerce has reportedly banned the use of DeepSeek’s artificial intelligence (AI) model on government-furnished equipment, citing concerns about the Chinese company gaining access to sensitive information. The Department sent a mass email to staffers telling them not to download, view or access...

Wholesale Inventories Declined 0.5% in December, Matching Economists’ Expectations
Economy // February 07, 2025

U.S. wholesale inventories declined 0.5% in December compared to the previous month and declined 0.1% compared to December 2023, the Commerce Department said in a Friday (Feb. 7) press release. The month’s decline in wholesale inventories followed a decline of 0.1% in November. Wholesale inventories...

Trending: Consumer Spending Drives Q3 GDP Despite Disposable Income Pressure
Consumer Finance // October 30, 2024

It’s a truism that as the U.S. consumer goes, so goes the economy. And consumers are still opening their wallets and purses, tapping to pay, clicking to pay, swiping their cards; by extension, gross domestic product continues its upward trajectory, though at a pace slowing...

Interviews & Exclusives
As US Data Moves to Blockchain, Should Businesses Follow?

August 29, 2025
It’s no secret the Trump Administration loves bitcoin and crypto. And as news this week from the Department of Commerce shows, that enthusiasm is now spilling over across the rest of the government. On Thursday (Aug. 28), the Commerce Department announced that it will begin posting real gross domestic product (GDP) data on blockchain, beginning with […]

Trending: Consumer Spending Drives Q3 GDP Despite Disposable Income Pressure

October 30, 2024
It’s a truism that as the U.S. consumer goes, so goes the economy. And consumers are still opening their wallets and purses, tapping to pay, clicking to pay, swiping their...

Consumer Spending May Not Be as Resilient as Retail Sales Data Indicates

September 20, 2023
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 more than 20-year high —...

Retail Sales Top Estimates, but Key Discretionary Spending Declines

August 15, 2023
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 strong against a backdrop where...

Quick Reads
Chainlink Partners Commerce Department to Bring Data to Blockchain

August 28, 2025
Chainlink has teamed with the U.S. Department of Commerce to bring government macroeconomic data on-chain. The new Chainlink Data Feeds, announced Wednesday (Aug. 28), aim to securely deliver important information involving key U.S. economic data on-chain, including real gross domestic product (GDP), personal consumption expenditures (PCE) price index and real final sales to private domestic […]

Report: Commerce Department Bans Use of DeepSeek on Government Devices

March 18, 2025
The Department of Commerce has reportedly banned the use of DeepSeek’s artificial intelligence (AI) model on government-furnished equipment, citing concerns about the Chinese company gaining access to sensitive information. The...

Wholesale Inventories Declined 0.5% in December, Matching Economists’ Expectations

February 07, 2025
U.S. wholesale inventories declined 0.5% in December compared to the previous month and declined 0.1% compared to December 2023, the Commerce Department said in a Friday (Feb. 7) press release....

Connected Car Tech From China Faces US Ban

September 22, 2024
The U.S. is reportedly readying a ban on Chinese technology in connected and autonomous cars. That prohibition — borne of national security concerns — from the U.S. Commerce Department is...