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Consumers spent more in January, but also saved more. What gives?
A boost in disposable income fueled spending and saving. Data signals a healthy outlook, but lower-income people are draining reserves.
Here's why the U.S. revises GDP estimates — over and over
The Bureau of Economic Analysis revised GDP down to 2.7% from the fourth quarter of last year.
What durable goods tell us about the economy
Orders for long-lasting items rose 0.8% in June. The data could reflect trends in inflation, automation and the economic recovery.
Lagging care economy "makes us uncompetitive," Commerce Secretary Gina Raimondo says
Raimondo discusses the infrastructure packages moving through Congress and the semiconductor chip shortage.
Trump administration bans WeChat, TikTok from U.S. app stores starting Sunday
The Commerce Department says, starting Sunday, neither app can be downloaded or updated in the U.S.
Consumer spending rises — for now
An 8% uptick in May follows a 20% drop over March and April. That's the good news. There are plenty of potential economic blows on the horizon.
Retail sales falter in September
Will consumers stop propping up aging economic recovery?
Durable goods slump in April
Orders for autos, metals and business machinery were all down.
To exempt or not: How the Commerce Department decides who pays steel tariffs
Data suggests industry objections weigh heavily in decisions.
Tariff exemption process remains "frustrating" for companies submitting applications
Ronnie Smith at McMahon Steel is not convinced the people evaluating his requests were prepared to do so.