United States Department of Commerce
U.S. Wholesale Stocks Fall 0.5% in February
While the inventory data indicate a slowdown in first-quarter economic growth, economists expect a pickup in the second quarter.
Wholesalers Continue to Build Inventories
While positive for GDP, the wholesale inventory number could also reflect slackening demand from retailers.
U.S. to Delay Domain Names Handover for a Year
Calls for the U.S. to transfer control of ICANN to an international group have been fueled by Edward Snowden's revelations of NSA spying.
Second Quarter GDP Grows 2.3%
Personal consumption expenditures rose 2.9% last quarter, keeping the U.S. economy's moderate recovery on track.
Signs of a Second-Quarter Rebound?
Orders for durable goods declined at a seasonally adjusted 0.5% in April, but excluding the transportation sector the numbers showed signs of life.
Housing Starts Surged in April
One important sector of the U.S. economy appears to have rebounded from a slow winter.
Trade Deficit Largest Since 2008
Gap between U.S. imports and exports likely means that U.S. GDP actually contracted in the first quarter.
Durable Goods Disappoint
Durable goods orders fell 1.4% in February, a significant variance from economists' median forecast of a rise of 0.2%.