PYMNTS-MonitorEdge-May-2024

Commerce Department

Manufacturing Slowdown Could Reveal Deeper Issues Among SMBs
Manufacturing Slowdown Could Reveal Deeper Issues Among SMBs
April 01, 2019  |  B2B Payments

Small businesses (SMBs) make up more than 98 percent of the U.S. manufacturing sector, according to the National Association of Manufacturers. So when small business...

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Commerce Department Taps R3, Mastercard For Trade Finance Council
Commerce Department Taps R3, Mastercard For Trade Finance Council
March 15, 2019  |  B2B Payments

The U.S. Commerce Department is expanding its Trade Finance Advisory Council (TFAC), having recently appointed 21 new members to the group in an effort to...

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Startups May Need An Export License To Hire Foreign Nationals
Startups May Need An Export License To Hire Foreign Nationals
March 12, 2019  |  Startups

New rules coming out of Washington D.C. could require startups to get government approval before hiring foreign nationals to do work, according to reports. According to...

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Bad Sign For Retail? US Inventories Jumped In December
Bad Sign For Retail? US Inventories Jumped In December
March 11, 2019  |  Economy

Inventories at companies in the U.S jumped in the last month of 2018 as sales plummeted the most in three years. According to a report...

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Commerce Dept. To Report 4Q GDP Results On Feb. 28
Commerce Dept. To Report 4Q GDP Results On Feb. 28
February 07, 2019  |  Economy

The U.S. Commerce Department’s Bureau of Economic Analysis (BEA) will publish its advance fourth-quarter gross domestic product (GDP) report at the end of February. The...

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GDP Continues Growth Trajectory On Consumer Spending
GDP Continues Growth Trajectory On Consumer Spending
October 26, 2018  |  Economy

Data from the Commerce Department Friday (October 26) show an initial reading of GDP growth for the third quarter at 3.5 percent annualized, boosted by...

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Retail Sales Reach $509B In September
Retail Sales Reach $509B In September
October 15, 2018  |  Retail

Falling short of economists’ expectations, retail store and restaurant sales grew by only 0.1 percent from August to September to reach a seasonally adjusted figure...

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Consumer Spending Increases 0.3 Pct; Inflation Steady In August
Consumer Spending Increases 0.3 Pct; Inflation Steady In August
September 28, 2018  |  Consumer Finance

Data released Friday (Sept. 28) shows that U.S. consumer spending grew in August by 30 basis points, as estimated by the Commerce Department. Inflation continued to...

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US Retail Sales Rose Higher In July
US Retail Sales Rose Higher In July
August 16, 2018  |  Retail

U.S. retail sales rose higher than expected last month — a sign that the economy remained strong early in the third quarter. According to Reuters,...

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