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Commerce Department

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Economy Jan 28

U.S. economy shrank 3.5 percent in 2020 after growing 4 percent last quarter

By Martin Crutsinger, Associated Press

Politics Nov 06

3rd court blocks Trump’s order on congressional seat count

A panel of three judges on Friday ruled that President Donald Trump's effort to exclude people in the country illegally from the numbers used for dividing up congressional seats is unlawful.

By Mike Schneider, Associated Press

Economy Oct 29

U.S. economy grew at 33 percent rate in third quarter, but recovery is incomplete

The U.S. economy grew at a sizzling 33.1% annual rate in the July-September quarter — by far the largest quarterly gain on record — rebounding from an epic plunge in the spring, when the eruption of the coronavirus closed businesses…

By Martin Crutsinger, Associated Press

Economy Jun 25

U.S. GDP fell at 5.0% rate in first quarter, but worse is expected to come

The U.S. economy shrank at a 5.0% rate in the first quarter with a much worse decline expected in the current three-month economic period because of the coronavirus pandemic.

By Martin Crutsinger, Associated Press

World May 15

A receptionist sits behind the counter at the Huawei office in Wuhan, central China's Hubei province in 2012. Photo by STR/AFP/GettyImages
U.S. imposes new restrictions on Chinese tech giant Huawei

In an effort to cut off Huawei’s undermining of existing U.S. sanctions, the U.S. government is imposing new resctrictions on the Chinese tech giant by limiting its ability to use American technology to build its semiconductors.

By Associated Press

Nov 05

U.S. trade deficit falls to lowest level in 5 months

By Martin Crutsinger, Associated Press

The Commerce Department said Tuesday that the September gap between what America buys from abroad and what it sells shrank by 4.7% to $52.5 billion.

Continue reading

Oct 16

U.S. retail sales dip 0.3 percent in September

By Martin Crutsinger, Associated Press

Retail sales dropped in September by the largest amount in seven months, possibly signaling that rising trade tensions and turbulent markets are having an impact on consumer spending.

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Aug 29

2nd quarter GDP growth revised down slightly to 2 percent

By Martin Crutsinger, Associated Press

The new estimate was lower than the government's initial estimate a month ago of 2.1% annual growth.

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Jul 26

U.S. economy’s growth slows to 2.1 percent in 2nd quarter

By Martin Crutsinger, Associated Press

The nation's gross domestic product grew at a 2.1% annual rate last quarter, down from a 3.1% gain in the first quarter, the Commerce Department estimates.

Continue reading

Jul 08

Barr says he sees a legal pathway for citizenship question

By Michael Balsamo, Associated Press

In an interview with The Associated Press, Attorney General William Barr said the Trump administration will take action in the coming days that he believes will allow the government to ask the controversial question.

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