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Tag Archives: commerce department

Measure of U.S. consumer confidence at six-year high

WASHINGTON — A measure of U.S. consumer confidence jumped to its highest level in almost six years in May, lifted by rising home prices and record stock market gains. Greater confidence could help revive spending in coming months. The University ...

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Wholesale stockpiles fell 0.3 pct. in February

WASHINGTON — U.S. wholesalers cut their restocking in February by the most in 17 months. But their sales jumped, suggesting companies underestimated consumer demand. The Commerce Department said Tuesday that stockpiles at the wholesale level declined 0.3 percent in February. ...

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Factory orders signal investment surge

WASHINGTON — U.S. orders for machinery and other factory goods that signal business investment surged in January, indicating confidence in the economy. The Commerce Department said Wednesday orders for so-called core capital goods, which also include equipment and computers, rose ...

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