The U.S. trade deficit was little changed in January as imports and exports grew, the Commerce Department reported March 7. The gap between imports and exports rose 0.3% to $39.1 billion, from $39 billion in December. The trade deficit ...
Tags: Trade Deficit, Economy
Factory orders declined 0.7% in January, the Commerce Department reported March 6. The decline followed a revised 2% decline in December that was larger than initially reported. Durable goods orders dropped 1% in January. Orders for ...
Tags: Transportation
Americans spent more in January, but the increase came from a surgeA transient variation in the current and/or potential at a point in the circuit. in spending on heating bills during the harsh winter. Spending in areas such as autos and ...
Tags: Energy Costs, durable goods
Orders for durable goods declined in January, the Commerce Department reported. Orders for products meant to last more than three years fell 1%, which followed a 5.3% decline in December. The smaller decline from January to December ...
Tags: durable goods, Transportation, Transport
The front-month Brent-WTI spread settled at a fresh five-month low of $6.48/barrel Friday, as steady drawdowns in crude stocks at the Cushing, Oklahoma, delivery hub have lent upside support to WTI, while Brent remains subdued. NYMEX ...
Tags: crude, Brent futures
The U.S. economy increased at a revised 2.4% annual rate in the fourth quarter, down from an originally reported 3.2% gross domestic product figure, the Commerce Department reported. The reading was lower than economists' median forecast ...
Tags: Transportation
Washington – Sales at CE and appliance retailers fell 4.7 percent to $8.1 billion in January as severe winter weather compounded soft demand. According to the U.S. Commerce Department’s monthly sales projections, total U.S. ...
The U.S. Commerce Department announced Friday that it launched anti-dumping duty (AD) and countervailing duty (CVD) investigations against imports of carbon and certain alloy steel wire rod from China. Carbon and certain alloy steel wire ...
The National Electrical Manufacturers Association (NEMA) in the States welcomed President Obama's announcement that the U.S. will accelerate the implementation of a system to facilitate international trade in goods that meet American ...
Tags: Consumer Electronics, Electronics, Electrical Equipment
December housing starts dropped 16%, the largest decline since February 2011, the Commerce Department said Feb. 19. Starts fell to an annual rate of 888,000 units in January from a revised 1.05 million pace in December. Economists had ...
Tags: Housing industry, Construction
The US International Trade Commission (ITC) Friday approved anti-dumping and countervailing investigations on crystalline silicon photovoltaic products from China, paving the way for the Department of Commerce to set preliminary duties in ...
Retail sales fell in January by the most in a year and a half, hurt by bad weather and slow growth in employment and personal income. Sales dropped 0.4%, the largest decrease since June 2012, the Commerce Department said Feb. 13. Poor ...
Tags: Transportation
Based on the US Commerce Department's most recent Steel Import Monitoring and Analysis(SIMA)data,the American Iron and Steel Institute(AISI)reported Wednesday that steel import permit applications for the month of January total 3,080,000 ...
Tags: Steel Import, Steel, Mineral
Factory orders declined 1.5% in December, the biggest drop in five months, the Commerce Department reported Feb. 4. The decline followed a revised 1.5% rise in November. Orders for durable goods, items meant to last three years or more, ...
Tags: construction machinery, aircraft
TT File Photo Consumer spending rose 0.4% in December, the Commerce Department reported Jan. 31. Commerce also said purchases rose 0.6% in November, a larger figure than was originally announced. Economists had projected spending ...
Tags: durable goods, car