Commerce Department
February Consumer Spending Up, But There’s A Catch
The Commerce Department says consumer spending rose seven-tenths of a percent last month.
Economy Loses Speed In Spring; More Weakness Ahead
The nation’s economic growth tailed off sharply in the spring and probably isn’t faring any better now. Gross domestic product — the broadest measure of the economy’s health — expanded at a feeble 1.7 percent […]
Feds Expanding Startup Help
Detroit area business leaders and economic development officials gathered Wednesday at a startup hybrid powertrain company in Auburn Hills to hear how the U.S. Commerce Department is making it easier for entrepreneurs to find government […]
Gary Locke Interview 09/01
WWJ Newsradio 950 technology editor Matt Roush talks with U.S. Commerce Secretary and former Washington Gov. Gary Locke about a new, expanded home for Commerce Connect, the Commerce Department’s one-stop shop for business assistance from […]
Consumer Spending Rises
Americans spent last month at the fastest pace in four months, helped by a jump in demand for automobiles.
Stocks Drop After 2Q GDP Growth Slows
Stocks fell and interest rates rose in the Treasury market Friday after the government said the economy grew at a slower pace than expected during the second quarter.
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