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Tag Archives: commerce department

Businesses cut orders for durable goods in April

WASHINGTON — Businesses cut back on their orders for heavy machinery, computers, autos and airplanes in April, reducing demand for long-lasting manufactured goods by the largest amount in six months. Orders for durable goods fell 3.6 percent, and a key ...

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New-home sales up, but pace remains sluggish

WASHINGTON — More Americans bought new homes in April, but sales remain far below the pace that would represent a healthy housing market. The Commerce Department says new-home sales rose 7.3 percent last month to a seasonally adjusted annual rate ...

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Retail sales up for 10th straight month in April

WASHINGTON — Consumers spent more on gasoline, clothing and autos in April, pushing retail sales up for a 10th straight month. But much of the gain came from a surge in gasoline and food prices. Retail sales rose 0.5 percent ...

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US businesses ordered more factory goods in March

WASHINGTON — U.S. businesses increased orders for industrial machinery, computers and autos in March, lifting factory orders for the fifth consecutive month. The Commerce Department says orders rose 3 percent in March after a 0.7 percent increase in February. A ...

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More people applied for unemployment benefits last week

WASHINGTON — More people sought unemployment benefits last week, the second rise in three weeks, a sign the job market’s recovery is slow and uneven. Applications for unemployment benefits jumped 25,000 to a seasonally adjusted 429,000 for the week ending ...

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Businesses boosted durable-goods orders in March

WASHINGTON — Businesses increased their orders for heavy machinery, computers, autos and steel in March, boosting demand for long-lasting manufactured goods for a third straight month. Orders for durable goods rose 2.5 percent in March, the Commerce Department said Wednesday. ...

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New-home construction increases 7.2 percent in March

WASHINGTON — Builders broke ground on more new homes last month, giving the weak housing market a slight boost at the start of the spring buying season. Home construction rose 7.2 percent in March from February to a seasonally adjusted ...

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