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Tag Archives: commerce department

Durable goods orders fall 0.9 percent in February

WASHINGTON — Companies trimmed their orders for long-lasting manufactured goods in February, buying fewer computers, machines and primary metals. Durable-goods orders fell 0.9 percent last month, the Commerce Department said Thursday. It was the fourth decline in the past five ...

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New-home construction plunges in February

WASHINGTON — Builders broke ground last month on the fewest homes in nearly two years, a reflection of declines in home prices and diminished demand that has made it difficult for them to compete. The Commerce Department says home construction ...

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Business inventories and sales rise in January

WASHINGTON (AP) — Businesses added to their stockpiles in January for a 13th consecutive month and total sales rose by the largest amount in 10 months. Business inventories rose 0.9 percent in January, the Commerce Department said Friday. Sales for ...

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Retail sales up 1 percent in February

WASHINGTON — Shoppers snapped up new cars, clothing and electronics in February, pushing retail sales up for the eighth straight month. Retail sales rose 1 percent last month, the Commerce Department reported Friday. Part of the gain reflected higher prices ...

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Factory orders up in January, helped by airplanes

WASHINGTON — Businesses ordered more manufactured goods from U.S. factories in January, but excluding a big surge in demand for airplanes, the rise in demand was the smallest in three months. The Commerce Department says that excluding the volatile transportation ...

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