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U.S. Department of Commerce

Economy GDP
Sep 26, 2024

US economy grew at a solid 3% rate last quarter, government says in final estimate

The US economy rebounded strongly last quarter, driven by solid consumer spending and a surge in business investment, particularly in equipment purchases.

Joe Biden
Oct 23, 2023

Biden Administration names Wisconsin a regional tech hub with opportunities for labor unions

The state will have opportunities for grants up to $75 million to expand the tech field in the Madison and Milwaukee areas.

racm_parcel_google_maps
Sep 14, 2022

Feds grant $3.2M to Milwaukee for development near Marquette Interchange

Milwaukee is getting millions in a federal grant to build infrastructure and develop land in the Menomonee Valley under Interstate 43, the city announced on Wednesday. 

Walmart Outlook
Aug 17, 2022

US retail sales were flat in July as inflation takes a toll

The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to spend more cautiously.

Economy-GDP
Jun 29, 2022

US economy slipped 1.6% to start year; return to growth eyed

The U.S. economy shrank at a 1.6% annual pace in the first three months of the year, the government reported Wednesday in a slight downgrade from its previous estimate for January-March quarter.

Ukraine Tensions Global Economy
Feb 25, 2022

Key inflation gauge hit 6.1% in January, highest since 1982

An inflation gauge that is closely monitored by the Federal Reserve jumped 6.1% in January compared with a year ago, the latest evidence that Americans are enduring sharp price increases that will likely worsen after Russia's invasion of Ukraine.

Home Construction
Nov 17, 2021

US home construction dips 0.7% in October, but permits jump

The construction of new homes in the U.S. fell by 0.7% in October, but a big jump in the number of permits last month points to anticipation by builders that the supply-chain shortages that have dogged them for much of the year will soon ease

Oct 26, 2021

New home sales jumped 14% in September

Sales of new homes jumped 14% in September to the fastest pace in six months as strong demand helped off rising prices.

New Housing Starts
Jun 16, 2021

US home construction up a moderate 3.6% in May

U.S. home construction rose 3.6% in May as builders battled a surge in lumber prices that have made homes more expensive.

New Housing Starts
May 18, 2021

US home construction falls a surprise 9.5% in April

U.S. home construction fell surprisingly sharply in April though that is follows the biggest jump in 15 years.

Mortgage Rates
Apr 16, 2021

US home construction rebounds in March after frigid February

U.S. housing construction rebounded strongly in March with home builders recovering from an unusually frigid February that shut down projects.

Pending Home Sales
Mar 31, 2021

Feb. US home contract signings tumble, now lag year-ago pace

The number of Americans who signed contracts to buy homes last month fell by the most since last year's virus outbreak sent the economy into freefall.

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