Commerce Department News

Commerce Department News From AOL News

William Daley: 5 Facts About Obama's New Chief of Staff

The rumors were true: Administration sources say William Daley will serve as President Barack Obama's next chief of staff. Interim chief of staff Pete Rouse has filled the position since October, when Rahm Emanuel left the White House to run for mayor of Chicago. The chief of staff is arguably one of the most powerful...

Corporate Profits Soar to Record Levels, but Little Evidence of Trickle Down Yet

(Nov. 23) -- When it comes to the nation's economy, is the glass half full or half empty? On Tuesday, the U.S. Department of Commerce revised its figures for how fast the nation's economy grew in the third quarter. GDP measured 2.5 percent, up 0.3 percentage points from the original estimates of 2.2 percent. A range of...

Retail Sales Rise 1.2 Percent in October

WASHINGTON (Nov. 15) -- Retail sales, helped by strong demand for autos, increased in October by the largest amount in seven months. The Commerce Department reported Monday that retail sales rose 1.2 percent last month. That was nearly double the gain that had been expected and the largest increase since March. Much of...

New-Home Sales Dropped to All-Time Low in July

(Aug. 25) -- It's a summer for the record books in the beleaguered U.S. housing sector -- and not in a good way. New home sales unexpectedly plunged 12.4% in July to a 276,000-unit annual rate -- the lowest level since the U.S. Commerce Department started keeping records for the statistic in 1963. Economists surveyed by...

Census Returning $1.6 Billion to Treasury

WASHINGTON (Aug. 10) -- Thanks to a better-than-expected response rate, lots of advertising and a little luck, the Commerce Department announced today that it is returning to the Treasury $1.6 billion in savings from the 2010 Census. Planning for the 2010 Census began about 12 years ago, and $14.7 billion was budgeted for...

Commerce Department News From the Web

08/27/10 Business Events Scheduled For The Coming Month Source: TheShowBuzz Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department releases personal income and spending for July, 8:30 a.m.WASHINGTON - Commerce Department