US retail sales unexpectedly fell in March as households cut back on purchases of automobiles, further evidence that economic growth stumbled in the f(...)

Consumer spending, which accounts for more than two thirds of US economic activity, rose at a 2.4 per cent pace and not the 2 per cent rate reported last month

US economic growth slowed in the fourth quarter, but not as sharply as previously estimated, with fairly strong consumer spending offsetting the drag(...)

The exchange of electronic data between European and US companies forms a critical part of the myriad services now delivered digitally over the intern(...)

An employee pushes merchandise through a Best Buy store in Denver

US retail sales unexpectedly fell in December as unseasonably warm weather undercut sales of winter apparel and cheaper petrol prices weighed on recei(...)

Container ships unload their cargo at the Port of Oakland in California

The US trade deficit narrowed in November likely as efforts by businesses to reduce an inventory overhang pushed imports of goods to their lowest leve(...)

A Commerce Department official said that the plan to move to international management needed more work

In a climate of international mistrust over how the US government handles Internet data, the Commerce Department has said that it would delay by at le(...)

A woman walking in Bryant Park in New York. The US economy revived in the second quarter after a tepid start to the year, boosted by increased consumer spending and exports

US economic growth accelerated in the second quarter as solid consumer spending offset the drag from weak business spending on equipment, suggesting a(...)

Retail sales excluding automobiles, gasoline, building materials and food services dipped 0.1 per cent following a 0.7 per cent gain in May. Photograph: Bloomberg.

US retail sales unexpectedly fell in June as households cut back on purchases of automobiles and a range of other goods, which could raise concerns th(...)

The GDP revision was in line with economists’ expectations

The US economy contracted slightly in the first quarter as it struggled with bad weather, a strong dollar, spending cuts in the energy sector and disr(...)

Container ships unload their cargo at the Port of Oakland in California. Imports fell 3.3 per cent to $230.8 billion in April

The US trade deficit narrowed in April as exports of services hit a record high and imports fell. The Commerce Department on Wednesday said the US tra(...)