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Tag Archives: commerce department

Orders for long-lasting factory goods plunge

WASHINGTON — Orders for long-lasting U.S. factory goods fell sharply last month as demand for commercial aircraft plummeted and businesses spent less on computers and electrical equipment. Manufacturing continues to struggle and could prevent economic growth from picking up in ...

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U.S. economy may need continued support from Fed

WASHINGTON — A key government report and a statement from the Federal Reserve made clear Wednesday that the U.S. economy still needs help. The economy grew at a lackluster 1.7 percent annual rate in the April-June quarter, the Commerce Department ...

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