Topic: U.S. Department of Commerce
One of the nation’s top economists on Wednesday predicted rising unemployment and falling housing prices, which could spell trouble for Democrats’ efforts to maintain control of Congress.
08/25/2010 03:36 pm
What little consumers are spending is not going to US producers. It’s going overseas.
08/20/2010 07:50 pm
Florida Democrat Bill Nelson announced legislation this week that would offer tax breaks for those seeking to develop commercial spacecraft.
08/19/2010 07:37 pm
If we didn’t have the military to employ millions of Americans, the US unemployment rate would be over 11.5 percent today instead of 9.5 percent. Is having a massive military jobs program the best way to employ Americans?
08/13/2010 01:02 pm
Stock market: Stocks headed to a slightly lower opening Friday after the latest consumer spending number fell just short of expectations.
08/13/2010 11:20 am
The US imported $49.9 billion more in goods and services than its exported in June, up from $42 billion in May. Such a large trade deficit is unsustainable and a drag on the economy, experts say.
08/11/2010 01:50 pm
Consumer spending is still low, but that's not so bad. Savings rates are inching up, and they are a key to economic stability.
08/04/2010 01:20 pm
From Friday's GDP report: Imports are surging. Jobs growth is slowing. Regulators may need to lighten their grip. Until November's midterm elections, politics will color economic reports.
07/30/2010 01:42 pm
Homes for sale: New home sales rose in June, suggesting that the housing market is beginning to recover.
07/26/2010 12:27 pm
Home construction in June reached its lowest level since October, 2009. That, plus potential new foreclosures, could negatively impact the housing industry across the US.
07/21/2010 10:53 am