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Commerce Department

'No Doubt The Economy Has Slowed'

Posted 07.26.2011 | Business

WASHINGTON: Corporate profits contracted in the first quarter for the first time in more than two years and the economy grew at the same pedestr...

April New-Home Sales Up 7.3 Percent After Slow Start To Year

The Canadian Press | Derek Kravitz | Posted 07.24.2011 | Home

(CP) WASHINGTON - More people bought new homes for a second straight month in April, a hopeful sign. Still, sales remain far below the pace that would...

High Oil Prices Hit Wallets As Consumers Are Forced To Spend More On Fuel

The Huffington Post | William Alden | Posted 07.19.2011 | Business

The price of oil eroded Americans' spending power over the last several months, according to new post from the Commerce Department. As oil prices ...

Home Building Sees Greatest Decline Since 2009

Posted 07.17.2011 | Business

WASHINGTON - Housing starts and permits for future home construction fell in April as an overhang of homes on the market discourages builders from...

Higher Gas Costs Drag Down Retail Sales

Posted 07.12.2011 | Business

WASHINGTON (By Lucia Mutikani) - The economy struggled to gain momentum early in the second quarter, with retail sales posting their smallest rise...

U.S. Exports Most Goods, Services In Nearly Two Decades

AP | CHRISTOPHER S. RUGABER | Posted 07.11.2011 | Business

WASHINGTON — U.S. companies in March sold the most goods and services overseas in nearly two decades. But a big jump in oil prices pushed the na...

Hiring May Increase As U.S. Productivity Slows

Bloomberg | Shobhana Chandra | Posted 07.05.2011 | Business

The productivity of U.S. workers slowed in the first quarter and labor costs rose as a growing economy prompted companies to boost employment....

Yepoka Yeebo

U.S. Economy Slows To A Crawl -- At Least For Now

HuffingtonPost.com | Yepoka Yeebo | Posted 06.28.2011 | Business

NEW YORK -- At least temporarily, the U.S. economy has slowed to a crawl. U.S. gross domestic product -- one of the key gauges of overall economic...

Housing, Starts Permits Up In March

Posted 06.19.2011 | Business

WASHINGTON - U.S. housing starts and permits for future home construction rose more than expected in March, snapping back from the prior month's w...

Yepoka Yeebo

Gas Prices Drive Retail Sales Up In March

HuffingtonPost.com | Yepoka Yeebo | Posted 06.13.2011 | Business

Higher gas prices buoyed a 0.4 percent jump in retail sales in March, according to figures released by the Commerce Department on Wednesday. Consum...

Federal Consolidation Comes With Risks

Max Stier | Posted 06.04.2011 | Politics
Max Stier

At the recent Gridiron roast for politicians and journalists, Health and Human Services Secretary Kathleen Sebelius jokingly suggested moving the Tran...

Consumer Spending Up -- Thanks To Higher Gas And Food Prices

The Huffington Post | Yepoka Yeebo | Posted 05.28.2011 | Business

Consumer spending increased in February for the eighth straight month, but much of the gain came from steadily rising gas prices and higher grocery bi...

Construction Of New Homes Hits Lowest Rate In Nearly Three Decades

Posted 05.25.2011 | Business

(Reuters) - Housing starts posted their biggest decline in 27 years in February while building permits dropped to their lowest level on record, su...

Green News Report: March 1, 2011 (Audio)

Brad Friedman and Desi Doyen | Posted 05.25.2011 | Green
Brad Friedman and Desi Doyen

TWITTER: @GreenNewsReport. The 'GNR' is also now available on your cell phone via Stitcher Radio's mobile app!. IN TODAY'S RADIO REPORT: Dems call...

Retail Sales Grow Despite Rising Food and Gas Prices

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

Despite the impact of growing food and gas prices, retail sales showed solid signs of growth In January, according to Commerce Department figures rele...

New Home Sales Hit Highest Level In Months

Posted 05.25.2011 | Business

WASHINGTON: New single-family home sales raced to their highest level in eight months in December while prices were the highest since April 2008, r...

GDP Revised Up, But Economy Still Not Growing Fast Enough

Posted 05.25.2011 | Business

WASHINGTON: The U.S. economy grew faster than previously estimated in the third quarter, government data showed on Tuesday, but still not enough to ad...

New Home Construction Falls To Lowest Level Since 2009

Posted 05.25.2011 | Business

WASHINGTON: Groundbreaking on new U.S. home construction fell more than expected in December to its lowest in over a year, suggesting the battered hou...

2011 Privacy Ins and Outs

Christopher Wolf | Posted 05.25.2011 | Technology
Christopher Wolf

To kickoff the New Year, the Future of Privacy Forum has released their first annual list of privacy ins and outs for 2011.

Tax Cuts Raise Expectations For Economy In 2011

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Expectations for economic growth next year are turning more optimistic now that Americans will have a little more cash in their poc...

Privacy Bill Of Rights Recommended In New Report

AP | JOELLE TESSLER | Posted 05.25.2011 | Technology

WASHINGTON — The Commerce Department is calling for the creation of a "privacy bill of rights" for Internet users to set ground rules for compan...

Retail Sales Rise For The Fifth Straight Month

Posted 05.25.2011 | Business

WASHINGTON (By Lucia Mutikani) - Retail sales rose for a fifth straight month in November as consumers hit the malls in droves at the start of the ho...

My Tax Dollars Pay for This? U.S. Commerce Secretary Threatens India as Favor to Special Interest

Daniel B. Ravicher | Posted 05.25.2011 | Politics
Daniel B. Ravicher

How would you feel if a Chinese diplomat attempted to exert influence over an American court case involving a Chinese company's bogus attempt to shut ...

Commerce Department & SBA Merger Could Cost Small Business Billions

Lloyd Chapman | Posted 05.25.2011 | Business
Lloyd Chapman

On November 10, the Obama Administration's National Commission on Fiscal Responsibility and Reform shocked the small business community with the preli...

Trade Deficit Hits Hightest Level In Nearly Two Years

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — The United States is selling fewer products around the world and spending more on cheap imported goods, an imbalance that hurts the...