United States Department of Commerce

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  • Bank Failures Sluggish in ’14

    Over the weekend, the FDIC closed its 14th failed bank of 2014, Greenchoice Bank in Chicago.

    National 28 July 2014 13:24
  • Investment in Real Estate Still Lags

    The Bureau of Economic Analysis released the real estate-related components of the government’s latest estimate for U.S. GDP growth.

    National 07 May 2014 15:31
  • Most Industries Hiring in February; Trade Deficit Drops

    Most categories of employment saw some kind of net increase during February. Also, total January exports and imports resulted in a U.S. goods and services deficit of $39.1 billion, down from $42 billion in January 2013.

    National 10 March 2014 14:42
  • Holiday Spending Rises Compared With ’12

    Holiday spending rises 2.3 percent compared to last year, perhaps because consumers had a bit more money to spend.

    National 27 December 2013 15:05
  • New Home Sales Down in November

    Single-family sales dip in November, while durable goods orders surge 3.5 percent. More good news comes from The Federal Reserve Bank of Philadelphia, which reports that its coincident indexes for November increased in 46 states.

    National 26 December 2013 15:43
  • Pending Home Sales Edge Down

    According to the National Association of Realtors, the Pending Home Sales Index, a forward-looking indicator based on contract signings (but not closings), dropped to 107.7 in August from a downwardly revised 109.4 in July.

    National 27 September 2013 13:44
  • Trade Numbers Point to 4Q Growth

    The U.S. Department of Commerce reported on Friday that the U.S. trade deficit dropped from $48.6 billion in November to $38.5 billion, both as the result of rising exports and dropping imports.

    National 11 February 2013 14:28