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...
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...
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...
Consumer spending in the U.S. plummeted 7.5 percent in March, the steepest drop in 61 years, as the coronavirus pandemic continues to ravage personal income,...
Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales...
Looking at economic indicators – those signposts that show where we are, as a nation, and where we’re headed – February was tough. March and beyond...