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commerce

Jul 11, 2013

Baltimore-area exports set new record

Merchandise exports from the Baltimore-Towson metropolitan area totaled a record $5.8 billion, an increase of 6 percent or $321 million from 2011 to 2012, according to export data from the U.S. Department of Commerce’s International Trade Administration.

Feb 25, 2013

Joe Nathanson: Region’s original anchor — the Port of Baltimore

As we consider the regional economy, attention is rightly focused on the anchor institutions that play a growing role in providing employment and generating income: the area’s research universities and medical/ health sciences complexes. But it is also timely to give renewed attention to the region’s original economic anchor, our primary link to global commerce — the Port of Baltimore.

Sep 11, 2012

Deal reached for rail cargo facility in city

To bypass the century-old Howard Street rail tunnel, a chokepoint for East Coast commerce, state and city government officials have come to a tentative agreement with CSX Transportation Inc. to build an intermodal rail facility in Southwest Baltimore.

Mar 29, 2012

Howard Street tunnel a chokepoint for East Coast commerce

Baltimore’s Howard Street tunnel is a chokepoint for commerce along the East Coast that’s getting more attention as the shipping industry prepares for mega-container ships that will have easier access […]

Feb 14, 2012

Rising retail sales point to slowly improving economy

WASHINGTON — Americans rebounded from a weak holiday season and stepped up spending on retail goods in January. The latest government report on retail sales pointed to a slowly improving […]

Jan 12, 2012

Retail sales inched up in December, ending record year

WASHINGTON — Retail sales barely rose in December, but the gain was enough to lift sales to a record level for 2011. It marked the largest annual increase in more […]

Nov 23, 2011

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 […]

Nov 22, 2011

Economy grew at 2 percent rate in third quarter

WASHINGTON — The U.S. economy grew more slowly over the summer than the government had earlier estimated because businesses cut back more sharply on restocking of shelves. The Commerce Department […]

Nov 9, 2011

Wholesale companies cut inventories but sales rise

WASHINGTON — Wholesale businesses in the U.S. reduced their stockpiles in September for the first time in nearly two years, while their sales rose. Inventories at the wholesale level fell […]

Oct 25, 2011

The newest deal for Baltimore – Google Offers

The latest entrant in the deal-of-the-day websites targeting Baltimore kicked off today in the form of Google Offers. The search giant, which had tried to buy Groupon, launched its beta […]

Oct 3, 2011

Construction spending up but pace is still weak

WASHINGTON — U.S. builders increased spending on homes, office buildings and other projects in August after a big decline in July. The gain still left the construction industry far below […]

Sep 30, 2011

Consumer spend more, but their incomes fall

WASHINGTON — Consumers spent slightly more last month but earned less for the first time in nearly two years. The new data on spending and incomes suggest Americans tapped their […]