Topic: U.S. Department of Commerce

US economy grew revised 5.9 percent in fourth quarter

The US economy grew a better-than-expected 5.9 percent in the fourth quarter of last year, upwardly revised government data showed Friday. Growth in gross domestic product -- a broad measure of the country's goods and services output -- initially had been estimated at a 5.7 percent annualized rate in ...
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US economy surged 5.9% in fourth quarter

The US economy grew a robust 5.9 percent in the fourth quarter of last year, stronger than previously estimated and beating market expectations, revised government data showed Friday. Growth in gross domestic product -- a broad measure of the country's goods and services output -- initially had been estimated at ...
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Calendar of business events scheduled for Friday

Calendar of major business events scheduled for FridayMajor business events and economic events scheduled for Friday: WASHINGTON — Commerce Department releases fourth-quarter gross domestic product, 8:30 a.m. EST WASHINGTON — National Association of Realtors releases existing home sales for January, 10 a.m. TOKYO — Japan releases data on industrial production ...
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New orders for US durable goods leap 3.0 percent

New orders for big-ticket US manufactured goods rose a surprisingly strong 3.0 percent in January, driven by a surge in aircraft orders, the government reported Thursday. Orders for durable goods -- items such as planes, cars, refrigerators and computers expected to last at least three years -- rose to 175.75 ...
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