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Spending in the Commerce Department's control group, which feeds directly into the Gross Domestic Product (GDP) report, increased 1.0% in July. Economists expected just a 0.5% rise.
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, according to Commerce Department data released Wednesday. Retail sales were ...
The unchanged reading in retail sales last month followed a slightly downwardly revised 0.6% increase in March, the Commerce Department's Census Bureau said on Wednesday. Retail sales were ...
Website. apps .bea .gov /scb /. ISSN. 0039-6222. The Survey of Current Business ( SCB) is a monthly publication by the Bureau of Economic Analysis (BEA) (a part of the United States Department of Commerce) that provides definitive information about the national economic accounts for the economy of the United States maintained by the BEA.
An online shop evokes the physical analogy of buying products or services at a regular "brick-and-mortar" retailer or shopping center; the process is called business-to-consumer (B2C) online shopping. When an online store is set up to enable businesses to buy from another businesses, the process is called business-to-business (B2B) online shopping.
The United States Department of Commerce ( DOC) is an executive department of the U.S. federal government concerned with creating the conditions for economic growth and opportunity. Among its tasks are gathering economic and demographic data for business and government decision making and helping to set industrial standards.
A customer checks prices while shopping at a retail store in Vernon Hills, Ill., Monday, June 12, 2023. On Tuesday, the Commerce Department released U.S. retail sales data for June.
Retail sales rose 0.7% last month — almost double what economists had forecast — after rising 0.9% in February, according to Commerce Department data released Monday.