Commerce Department

US Retail Spending Dropped 0.5 Pct. In Feb.
US Retail Spending Dropped 0.5 Pct. In Feb.
March 18, 2020  |  Retail

As consumer spending started to decelerate prior to COVID-19 containment measures, U.S. retail sales declined last month in the biggest drop in a year. Commerce...

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Consumer Spending Drives Jan. Retail Sales Boost
Consumer Spending Drives Jan. Retail Sales Boost
February 14, 2020  |  Retail

With data indicating that consumer spending is still strong, retail sales – which are an indication of purchases at restaurants, stores and online – rose...

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GDP Data May Hint At Consumer Spending Slowdown
GDP Data May Hint At Consumer Spending Slowdown
January 30, 2020  |  Economy

The U.S. economy is still showing growth, yes, but growth is slowing — and may be slowing enough to stir up some caution. Get the...

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November Home Sales Surge, October Numbers Down
November Home Sales Surge, October Numbers Down
December 23, 2019  |  Economy

The number of U.S. single-family homes sold in November increased from previous rates, but at the same time, the number from October turned out to...

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US Retail Sales Increased 0.2 Pct In November
US Retail Sales Increased 0.2 Pct In November
December 13, 2019  |  Retail

As Americans reduced their discretionary spending, retail sales in the United States rose by a level that was lower than expected in November. The Commerce...

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Data Points To US Consumer Spending Slowdown
Data Points To US Consumer Spending Slowdown
October 03, 2019  |  Economy

Consider the stock market free fall a bit of a lagging indicator — one that seems to be playing catch-up to the U.S. economy’s slowing...

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Huawei Sues US Over Detained Telecom Equipment
Huawei Sues US Over Detained Telecom Equipment
June 24, 2019  |  Legal

Chinese telecom company Huawei Technologies has filed a lawsuit against the U.S. Commerce Department over telecommunications equipment. Get the Full Story Complete the form to...

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US Actions Impact Huawei’s Revenue
US Actions Impact Huawei’s Revenue
June 17, 2019  |  International

With U.S. export blacklisting along with other actions against Huawei Technologies Co., Founder Ren Zhengfei expects revenue to be roughly $100 billion this year —...

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Retail Sales Grew 0.5 Pct In May
Retail Sales Grew 0.5 Pct In May
June 14, 2019  |  Retail

With results that implied a pickup in consumer spending, retail sales in the U.S. rose in May and sales for the month before were revised...

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