Warmer U.S.-China trade relations could help U.S. exporters

Aug 29, 2023
The U.S. has been restricting certain American exports to China, citing national security concerns. But other U.S. exporters could benefit from improved trade relations.
Secretary Gina Raimondo meets with Lin Feng, Director General of China Ministry of Commerce and U.S. Ambassador to China Nick Burns upon her arrival in Beijing on Sunday.
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Boosting chip production is “an investment in America’s national security,” Commerce secretary says

Apr 25, 2023
“The stakes are so high” when it comes to making the U.S. a leader in this key technology, says Gina Raimondo.
“The stakes are so high” when it comes to making the U.S. a leader in semiconductors, says Commerce Secretary Gina Raimondo.
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Consumers spent more in January, but also saved more. What gives?

Feb 24, 2023
A boost in disposable income fueled spending and saving. Data signals a healthy outlook, but lower-income people are draining reserves.
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Here's why the U.S. revises GDP estimates — over and over

Feb 23, 2023
The Bureau of Economic Analysis revised GDP down to 2.7% from the fourth quarter of last year.
The Bureau of Economic Analysis revised down its GDP estimate for the fourth quarter of last year from 2.9% to 2.7%.
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What durable goods tell us about the economy

Jul 27, 2021
Orders for long-lasting items rose 0.8% in June. The data could reflect trends in inflation, automation and the economic recovery.
Spending on durable goods, like washing machines, provides a peek into overall consumer confidence.
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Lagging care economy "makes us uncompetitive," Commerce Secretary Gina Raimondo says

Jul 15, 2021
Raimondo discusses the infrastructure packages moving through Congress and the semiconductor chip shortage.
"If we're able to land the plane on these packages, it'll be a great day in America," says Commerce Secretary Gina Raimondo about the Biden administration's infrastructure plan.
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Trump administration bans WeChat, TikTok from U.S. app stores starting Sunday

Sep 18, 2020
The Commerce Department says, starting Sunday, neither app can be downloaded or updated in the U.S.
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For public good, not for profit.

Consumer spending rises — for now

Jun 26, 2020
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.
Consumer spending in the United States shot up a record 8.2% in May, but it doesn't mean recovery is on the way.
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Retail sales falter in September

Oct 16, 2019
Will consumers stop propping up aging economic recovery?
Retail sales fell in September, surprising experts. But it doesn't mean the economy is trending down.
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Durable goods slump in April

May 24, 2019
Orders for autos, metals and business machinery were all down.
A customer shops for washers and dryers at Lowe's in Burbank, Calif.
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