U.S. Department of Commerce
Mar 19, 2013 09:48 EDT
Construction of new US homes edged higher in February after a plunge in January, government data showed Tuesday in a report underscoring the recovery in the housing market.
Mar 13, 2013 13:33 EDT
European stock markets closed mostly in negative territory on Wednesday as traders cashed in recent gains and chewed over mixed eurozone inflation figures.
Mar 13, 2013 10:42 EDT
European stock markets fell on Wednesday, mirroring earlier losses in Asia, as traders cashed in recent gains and chewed over mixed eurozone inflation figures.
Mar 13, 2013 10:02 EDT
US retail sales picked up sharply in February despite a payroll tax hike, driven largely by a surge in gasoline prices, government data released Wednesday showed.
Mar 08, 2013 21:43 EST
Qantas says it took all reasonable precautions in selling aircraft after a report revealed that a jumbo jet once owned by the Australian carrier had ended up in Iran despite sanctions.
Mar 07, 2013 10:19 EST
The US trade deficit swung wider in January as oil imports rebounded, government data released Thursday showed in a report suggesting slower economic growth in the first quarter.
Mar 07, 2013 09:05 EST
The US trade deficit grew sharply in January after a plunge in December, government data released Thursday showed.
Mar 06, 2013 11:04 EST
New orders for US manufactured goods fell in January, led by steep drops in aircraft and ship orders, government data released Wednesday showed.
Mar 05, 2013 18:44 EST
The Dow Jones Industrial Average powered to an all-time record high Tuesday exactly four years after hitting bottom in the worst economic crisis since the Great Depression.
Mar 01, 2013 09:36 EST
US consumers increased spending in January despite a sharp drop in income linked to 2013 tax changes, government data released Friday showed.
Feb 28, 2013 11:43 EST
The broad US "sequester" spending cuts that take effect beginning Friday will slow growth in the world's biggest economy and hit the global economy, the International Monetary Fund said Thursday.
Feb 28, 2013 09:39 EST
The US economy grew slightly in the fourth quarter last year, the government said Thursday, revising its prior estimate of a small contraction.
Feb 28, 2013 08:54 EST
The US economy grew slightly in the fourth quarter of 2012, the government said Thursday, revising its prior estimate of a contraction.
Feb 27, 2013 09:44 EST
New orders for durable goods in the United States fell sharply in January as aircraft orders plunged, government data released Wednesday showed.
Feb 26, 2013 13:39 EST
Sales of new homes in the United States sizzled in January, rebounding from a December decline amid shrinking inventory, government data released Tuesday showed.
Feb 20, 2013 09:54 EST
Construction of new US homes slowed in January while building permits edged up, according to government data released Wednesday that pointed to continued recovery in the housing sector.
Feb 13, 2013 10:05 EST
US retail sales rose slightly in January, held back by a drop in auto sales as consumers took a breather after December's holiday shopping season, official data released Wednesday showed.
Feb 11, 2013 13:40 EST
Oil prices fell in London on Monday as dealers took profits from recent gains, but the market rebounded in New York as the euro strengthened against the dollar after supportive comments from the Bundesbank.
Feb 08, 2013 18:14 EST
The White House warned Friday that billions of dollars in automatic budget cuts set to kick in on March 1 were a "blunt" instrument that could wreak deep damage to the already fragile US economy.
Feb 08, 2013 15:38 EST
The Commerce Department reported the trade gap narrowed to $38.5 billion from a revised $48.6 billion in November.
Facts from the Wikipedia page:
|United States Department of Commerce|
|Seal of the United States Department of Commerce|
|Formed||February 14, 1903|
|Headquarters||Herbert C. Hoover Building|
1401 Constitution Avenue NW, Washington, D.C.
|Annual budget||US$8 billion (2009)|
|Agency executives||Gary Locke, Secretary of Commerce|
Dennis Hightower, Deputy Secretary of Commerce