Commerce Department
US government agency
📰 Recent Mentions
View Timeline →U.S. Business Investment Thrives Amid AI Boom in Third Quarter
The U.S. experienced a surge in business investment in the third quarter, driven by strong equipment spending and an AI investment boom. This trend highlights…
U.S. Retail Sales Rise Amid Rising Gas Prices: Implications for Global Economy
U.S. retail sales increased by 0.8% in September, primarily due to rising gasoline prices, indicating a mixed economic outlook. This economic data is relevant for…
U.S. New Home Sales Reach Eight-Month High Amid Economic Challenges
Newly built U.S. home sales reached their highest level in eight months due to price cuts and incentives, despite challenges from high mortgage rates and…
U.S. Retail Sales Surge Signals Inflation Concerns Ahead of Federal Reserve Decision
U.S. retail sales rose by 1.2% in August, indicating stronger consumer spending and persistent inflation, which may influence the Federal Reserve's interest rate decisions. This…
US Inflation Stays High Amid Iran Conflict and Trade Disputes
The inflation measure monitored by the Federal Reserve remained unchanged, indicating ongoing economic struggles for Americans amidst the Iran conflict and US trade disputes. This…
U.S. Economy Slows in Q2 Amid Trade Deficit and Strong Consumer Spending
The U.S. economy grew at a slower rate of 1.5% in the second quarter, impacted by a wider trade deficit, despite strong consumer spending and…
U.S. Economic Growth Slows Amid Tariffs and Iran Tensions
The U.S. economy's growth rate slowed to 1.5% in the second quarter, attributed to tariffs and the ongoing tensions related to Iran. This slowdown may…
IBM Gains $1 Billion as Iran Considers Peace Deal
IBM has received a significant financial boost from the U.S. Commerce Department, which has implications for international business dynamics. This development occurs alongside Iran's review…
Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices - PBS
A key inflation measure in the US rose 0.7% in March from February, reaching 3.5% compared to a year ago, the highest increase in almost…
Inflation stayed stubbornly high heading into the Iran war, Fed's preferred gauge shows
U.S. consumer spending in February rose just enough to keep pace with rising prices, with inflation remaining stubbornly high before the Iran war. The Personal…
Key inflation gauge worsened in January, before Iran war lifted gas prices
An inflation gauge closely monitored by the Federal Reserve indicated persistently elevated prices in January, predating the oil and gas price spikes caused by the…