PYMNTS-MonitorEdge-May-2024

Commerce Department

US Retail Sales Increased 0.2 Pct In November
US Retail Sales Increased 0.2 Pct In November
December 13, 2019  |  Retail

As Americans reduced their discretionary spending, retail sales in the United States rose by a level that was lower than expected in November. The Commerce...

READ MORE >
Data Points To US Consumer Spending Slowdown
Data Points To US Consumer Spending Slowdown
October 03, 2019  |  Economy

Consider the stock market free fall a bit of a lagging indicator — one that seems to be playing catch-up to the U.S. economy’s slowing...

READ MORE >
Huawei Sues US Over Detained Telecom Equipment
Huawei Sues US Over Detained Telecom Equipment
June 24, 2019  |  Legal

Chinese telecom company Huawei Technologies has filed a lawsuit against the U.S. Commerce Department over telecommunications equipment. The lawsuit centers on whether the equipment is...

READ MORE >
US Actions Impact Huawei’s Revenue
US Actions Impact Huawei’s Revenue
June 17, 2019  |  International

With U.S. export blacklisting along with other actions against Huawei Technologies Co., Founder Ren Zhengfei expects revenue to be roughly $100 billion this year —...

READ MORE >
Retail Sales Grew 0.5 Pct In May
Retail Sales Grew 0.5 Pct In May
June 14, 2019  |  Retail

With results that implied a pickup in consumer spending, retail sales in the U.S. rose in May and sales for the month before were revised...

READ MORE >
US Loosens Some Huawei Restrictions
US Loosens Some Huawei Restrictions
May 21, 2019  |  Mobile

The U.S. Commerce Department has eased some of the trade restrictions recently imposed on Huawei — at least for the next 90 days. Huawei Technologies...

READ MORE >
eCommerce Sales Jump 12.4 Pct In Q1
eCommerce Sales Jump 12.4 Pct In Q1
May 20, 2019  |  Retail

Sales done digitally continue to gain ground across U.S. commerce. The Commerce Department reported Friday (May 17) that eCommerce sales were up 12.4 percent from...

READ MORE >
Retail Sales Mark Comeback, Rising 1.6 Pct In March   
Retail Sales Mark Comeback, Rising 1.6 Pct In March  
April 18, 2019  |  Retail

Spring has sprung, as March marched to the best showing of monthly retail sales data in a year and a half. In terms of headline...

READ MORE >
Feb Retail Sales Drop As Consumers Curb Spending
Feb Retail Sales Drop As Consumers Curb Spending
April 01, 2019  |  Economy

Retail sales fell in February, as consumers curbed their spending and the stimulus from the tax cuts began to disappear. According to the Commerce Department’s...

READ MORE >