Department Of Commerce news and trends

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

China Turns to Silicon Valley to Bolster Homegrown AI Firms
artificial intelligence // November 19, 2024

Chinese tech giants are reportedly using Silicon Valley to recruit for their AI projects. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Latest Consumer Data Shows Expenses Grew Faster Than Income in September
Economy // October 31, 2024

The latest data from the Department of Commerce’s Bureau of Economic Analysis revealed that consumer spending outpaced income growth in September. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail Sales Preview: Will July’s Consumer Spending Momentum Continue?
Consumer Insights // September 16, 2024

On Tuesday (Sept. 17), we’ll find out if the July surge in consumer spending — as measured via unadjusted retail sales — has amounted to a blip or a trend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Interviews & Exclusives
Retail Sales Preview: Will July’s Consumer Spending Momentum Continue?

September 16, 2024
On Tuesday (Sept. 17), we’ll find out if the July surge in consumer spending — as measured via unadjusted retail sales — has amounted to a blip or a trend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. […]

Retail Sales: Consumers Shrug Off Higher Prices and Buy in July

August 15, 2024
The urge to splurge resurged in July as consumers shrugged off inflation and visited on-site retailers to conduct their everyday spending. Get the Full Story Complete the form to unlock...

Quick Reads
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]

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....

China Turns to Silicon Valley to Bolster Homegrown AI Firms

November 19, 2024
Chinese tech giants are reportedly using Silicon Valley to recruit for their AI projects. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

eCommerce Helps Fuel Unexpected Climb in Retail Sales

April 15, 2024
Retail sales climbed higher than anticipated in March, fueled in part by a jump in eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited...