Tags » Commerce Department

US durable goods orders jump on demand for planes

WASHINGTON (AP) — Business orders for long-lasting manufactured goods shot up by the largest amount on record in July. But most of the strength came from demand for commercial aircraft, which tends to fluctuate sharply from month to month. 512 more words

News

Stats Show Slow Connecticut Growth

HARTFORD, Conn. (AP) - New federal statistics show economic growth in New England has been slowest in Connecticut and Maine since the end of the recession in 2009. 114 more words

News

July Housing Starts Surge | Consumer Inflation Tame | Home Depot Records Positive Earnings

Tuesday – August 19

The housing sector received positive news today signaling that the recovery may be back on track after stalling in the second half of last year. 206 more words

Mortgage & Market News

This New Satellite Will Make Google Maps Much Better

Digitalglobe’s new satellite will let any private buyer purchase images so sharp, they can identify individual trees and cars on the ground.

A few months ago, the Commerce Department made a small change that has big ramifications for… 1,165 more words

Technology

Car Sales Contribute to Weakest Retail Sales This Year

(NEW YORK) — U.S. retail sales fell flat last month, amounting to the weakest reading for retailers since the beginning of the year, the Commerce Department reported on Wednesday. 216 more words

Business

Patent Office staff engaged in fraud and rushed exams, report says

By: Jeff John Roberts

Patent Office examiners, whose job is to decide when to award a patent, regularly billed for hours they did not work and also rushed their reviews in order to make quarterly performance targets. 326 more words

Law

July Retail Sales flat | Mortgage applications decline | Macy's earnings disappoint

Wednesday – August 13

U.S. consumers spent less in July at retail locations across the nation as the economy lost some economic momentum headed into the third quarter. 184 more words

Mortgage & Market News