Tags » Commerce Department

US New-Home Sales Rise To Best Level Since Late 2007

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WASHINGTON (AP) – Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, as low mortgage rates and a steady job market are fueling a real estate surge. 105 more words


Illinois peeps, check out - U.S. Economy Grew at 1.2% Rate in Second Quarter

The disappointing estimate came despite strong consumer spending and was only a slight improvement on the first quarter’s growth rate.. via NYT Business Day http://ift.tt/2atIj9L


(What's Left of) Our Economy: Which States are the Biggest Economic Growth Winners and Losers?

Last Friday, I reported that the government’s new figures on state-by-state economic growth came out, and focused on what they told us about how manufacturing’s been faring. 654 more words

{What's Left Of) Our Economy

5 Things to Know About How the Feds See the 'Sharing' Economy

Unless you’ve been living under a rock, you’ve heard about how startups like Uber and Airbnb are using technology and a new labor model to upend traditional industries like hotels and taxi companies. 762 more words


The Fed's dual mandate is now a tri-party bail out

On Friday the 2nd revision to the Q1 GDP number came in at 0.8% annualized versus 0.5%, which was the first read. We get the last look at the end of June, although the number is revised further after that. 295 more words


Beauty Is In the Eye of the Beholder for Obama’s Asian Trade Pact

The United States International Trade Commission, or ITC, has released its assessment of the economic benefits of the Trans Pacific Partnership, a massive trade deal between the United States and 11 Pacific nations covering nearly 40 percent of world GDP. 855 more words

The Cable