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Archive for the 'Commerce' Category

Washington DC -June 25- Real gross domestic product (GDP) grew at an annual rate of 2.7% in the first quarter of 2010, following an increase of 5.6% in the fourth quarter of 2009, according to the U.S. Department of Commerce.

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Washington DC -June 23- New orders for manufactured durable goods in May decreased $2.2 billion or 1.1 percent to $192.0 billion, the U.S. Census Bureau announced today. This decrease followed five consecutive monthly increases including a 3.0 percent April increase. Excluding transportation, new orders increased 0.9 percent. Excluding defense, new orders decreased 1.1 percent.

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Washington DC -June 23- New home sales in the U.S. dropped over 30 percent in May, according to data released by the U.S. Department of Commerce.

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Washington DC -June 11- Business inventories rose 0.4% in April 2010 from March, but were still 2.8% below their level in April 2009. Sales increased 0.6% in April 2010 from the prior month, and were 13.1% above their level a year ago, according to data released by the U.S. Department of Commerce.

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Washington DC -June 11- Retail and food services sales in the U.S. during May 2010 decreased 1.2% to $362.5 billion from April.  This was up 6.9% from the May 2009 level.  Excluding autos, retail and food services sales in May 2010 fell 1.1% from the previous month, to $300.7 billion. according to data released today by the U.S. Department of Commerce.

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Washington DC -June 1- Construction spending was $869.1 billion in April 2010, 2.7% above March 2010, but 10.5% below April 2009, according to the U.S. Department of Commerce.

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Washington DC -May 28- Personal income increased $54.4 billion, or 0.4 percent, and disposable personal income (DPI) increased $57.6 billion, or 0.5 percent, in April, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $4.0 billion, or less than 0.1 percent.

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Washington DC -May 27- Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 3.0 percent in the first quarter of 2010, (that is, from the fourth quarter to the first quarter), according to the “second” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP had increased 5.6 percent.

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Washington DC -May 26- Sales of new one-family houses in April 2010 were at a seasonally adjusted annual rate of 504,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 14.8 percent (±19.5%)* above the revised March rate of 439,000 and is 47.8 percent (±26.0%) above the April 2009 estimate of 341,000.

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Washington DC -May 26- New orders for manufactured durable goods in April increased $5.6 billion or 2.9 percent to $193.9 billion, the U.S. Census Bureau announced today. This was the fourth increase in the last five months and followed a slight March decrease. Excluding transportation, new orders decreased 1.0 percent. Excluding defense, new orders increased 3.4 percent.

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Washington DC -May 3- The U.S. Census Bureau of the Department of Commerce announced today that construction spending during March 2010 was estimated at a seasonally adjusted annual rate of $847.3 billion, 0.2 percent (±1.3%)* above the revised February estimate of $845.5 billion.

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Washington DC -April 16- Privately-owned housing starts in March were at a seasonally adjusted annual rate of 626,000. This is 1.6 percent (±15.2%)* above the revised February estimate of 616,000 and is 20.2 percent (±15.3%) above the March 2009 rate of 521,000.

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Washington DC - April 15 - The Association of American Railroads (AAR) reported that U.S. freight railroads saw a 7.5 percent rise with 16 of the 19 major commodity categories tracked by AAR recording higher carloads during March compared with the same month last year.

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Washington DC - April 15 - The Empire State Manufacturing Survey indicates that conditions for New York State manufacturers improved at a rapid pace in April. The general business conditions index rose 9 points, to 31.9.

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Washington DC - April 13 - Total February exports of $143.2 billion and imports of $182.9 billion resulted in a goods and services deficit of $39.7 billion, up from $37.0 billion in January, revised.

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