Topic: U.S. Department of Commerce
Retail sales unexpectedly rise 0.3% in February
AFP American Edition
US retail sales unexpectedly rose 0.3 percent in February, despite severe winter storms that hammered large regions of the country, official data showed Friday. The Commerce Department said that retail and food service sales increased to 355.5 billion dollars, according to adjusted data that does not reflect price ...
Calendar of major business events for Friday
AP News
Calendar of major business events scheduled for FridayMajor business events and economic events scheduled for Friday: WASHINGTON — Commerce Department releases retail sales for February, 8:30 a.m. WASHINGTON — Commerce Department releases business inventories for January, 10 a.m. BEIJING — China releases March inflation data.
Copyright 2010 AP News
US trade gap narrows on falling imports
AFP Global Edition
The US trade deficit narrowed unexpectedly in January as volume fell for the first time in five months, led by a drop in imports, the government reported Thursday. The Commerce Department said the trade deficit shrank to a seasonally adjusted 37.3 billion dollars, down from a revised 39.9 ...
Gov't adopts formula that doubles elderly poor
AP Features
The government took steps Tuesday to highlight the increasing numbers of poor Americans, adopting a revised formula that is expected to double the number of older people classified as living in poverty to nearly 1 in 5. Under the new formula, overall poverty is expected to increase from 13.2 ...
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