Sales rates jump May and June after two month drop. The Commerce Department reported last week that they are seeing an unexpectedly positive rebound in the housing market,…
Read MoreDepartment of Commerce
U.S. Manufacturing Bounces Back Amid COVID-19 Reopenings
Recovers Over 15% of production. The Department of Commerce announced on Wednesday that manufacturing in the United States had continued to grow as states began reopening following the…
Read More
Commerce Report Shows Consumer Spending Uptick
CARES Act a major contributor to 8.2% spending increase. The Commerce Department released a report on Friday documenting American expenditures since the start of the pandemic. After rates…
Read More
Commerce Department Announces Export Rule Change
Foreign manufacturers must have license to resell U.S. technology and software to certain companies. The Bureau of Industry and Security within the U.S. Commerce Department has recently issued…
Read More
Unemployment Up, Consumer Spending Down
Another 3.8 million Americans filed for unemployment last week. While the pace of unemployment filings has slowed since its peak in late March, the number of workers who…
Read More