Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: commerce department

Spending and incomes show weak November gains

WASHINGTON — Consumers spent at a lackluster rate in November as their incomes barely grew, suggesting that Americans may struggle to keep spending more into 2012. Consumer spending rose just 0.1 percent in November, matching the modest October increase, the Commerce ...

Read More »

Housing starts and permits surge; levels still low

WASHINGTON — A surge in apartment construction gave home builders more work in November. And permits, a gauge of future construction, rose largely because of a jump in apartment permits. Some analysts say the gains, though coming off extremely low ...

Read More »

U.S. retail sales rises for sixth straight month

WASHINGTON — Americans spent more on autos, furniture and clothing at the start of the crucial holiday shopping season, boosting retail sales for a sixth straight month. Retail sales rose 0.2 percent in November, the Commerce Department said Tuesday. That’s ...

Read More »

Trade deficit shrinks for fourth straight month

WASHINGTON — The U.S. trade deficit narrowed in October to its lowest point of the year after Americans bought fewer foreign cars and imported less oil. The shrinking trade gap boosted growth over the summer and may do so again ...

Read More »

U.S. factory orders fall for second straight month

WASHINGTON — Companies decreased their overall orders to U.S. factories in October for the second straight month, evidence that the economy remains weak despite other signs of improvement. The Commerce Department said Monday that total factory orders fell 0.4 percent. ...

Read More »

Economy improving but job growth still weak

WASHINGTON— Factories are producing more. Construction is growing. People are buying more cars. The holiday shopping season is off to a strong start. Normally, all that would suggest a bright outlook for the economy. Problem is, employers still aren’t hiring ...

Read More »

Consumer spending climbs slightly in October

WASHINGTON — Consumers barely increased their spending in October but their incomes rose by the most in seven months. The rise in take-home pay could boost spending during the upcoming holiday shopping season. The Commerce Department said Wednesday that spending ...

Read More »

Economy gets mixed batch of news ahead of holidays

WASHINGTON — At the start of the critical holiday shopping season, the economy received a dose of mixed news Wednesday. Consumers barely increased their spending in October, and businesses pulled back on investment in long-lasting manufactured goods. Still, Americans’ pay ...

Read More »

October durable goods orders fell 0.7 percent

WASHINGTON — Business orders for long-lasting manufactured goods fell for a second straight month in October. While much of the weakness came from a big drop in demand for commercial aircraft, a key category that tracks business investment spending fell ...

Read More »