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Wednesday, April 7, 2010 as of 11:14 AM ET

Commerce Department

The United States Department of Commerce is the Cabinet department of the United States government concerned with promoting economic growth.

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Week Ahead: More Data Could Add to Pessimism

Pessimism inspired by Friday's disappointing jobs report is widely expected to spill over into next week as a host of lesser economic reports are due.

All of the data are expected to mirror Friday's labor report, which proved fairly conclusively that whatever economic momentum was gaining steam earlier this year has now stalled.Factory orders for April are out Monday and the number is expected to dip from March. Manufacturing has been healthier than most other areas of the economy but slowdowns in European and Asian economies are starting to take its toll.On Tuesday, the Institute for Supply Management's May survey of nonmanufacturers, a broad gauge of the service industry, is out and the prediction is that activity in that sector has slowed.Jobless claims for the week ending June 2 are out Thursday. The government jobs report released Friday that revealed just 69,000 jobs were created in May will bring additional focus on the weekly report. The May monthly figure was far below expectat...

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  1. Consumer Spending Rises, Inflation Eases in April

    Consumer spending rose modestly in April while incomes grew more slowly and inflation pressures eased, according to Commerce Department data published on Friday.Spen...

  2. U.S. Job Growth Falls Off of a Cliff in May

    Job growth braked sharply in May and the unemployment rate rose for the first time since June, putting pressure on the Federal Reserve to ease monetary policy furthe...

  3. U.S. Savings Rate Inches Lower In April

    The savings rate for U.S. households slipped in April as spending grew faster than incomes, the Commerce Department estimated Friday. The personal savings rate decli...

  4. MARKET SNAPSHOT: U.S. Stock Indexes Drop 6%-plus In May

    U.S. stocks on Thursday closed one of the worst months in years, with the Dow halting a seven-month win streak after disappointing data tempered expectations for the...

  5. US Stocks Fall Amid Downbeat Labor, Business Activity Data

    The Dow industrials slid, capping their biggest monthly decline in two years, after downbeat readings on the labor market and business activity.The Dow Jones Industr...

  6. Brazilian Real Slightly Weaker On Global Growth Concerns

    The Brazilian real was little changed Thursday, weakening slightly as lingering concerns about growth in the U.S. and Europe extended declines after the central bank...

  7. Gold & Silver Edge Lower After Economic Reports

    On Thursday, gold ( NYSEARCA:GLD ) futures for August delivery slipped $1.50 to settle at $1,564.20 per ounce, while silver ( NYSEARCA:SLV ) futures decreased 23 cen...

  8. MARKET SNAPSHOT: U.S. Stocks Recover On Spain-rescue Report

    U.S. stocks cleared Thursday losses, with the Dow Jones Industrial Average still on track for its first monthly loss in eight, as Wall Street jumped at a reported re...

  9. MARKET SNAPSHOT: U.S. Stocks Fall As Bleak May Nears End

    U.S. stocks fell Thursday, with the Dow Jones Industrial Average on track for its first monthly loss in eight, as Wall Street added disappointing labor market data t...

  10. MARKET SNAPSHOT: U.S. Stocks Fall Towards Hard May Landing

    U.S. stocks fell Thursday, with the Dow Jones Industrial Average on track for its first monthly loss in eight, as Wall Street added disappointing labor market data t...

  11. Sell in May: Dow Posts Worst Month in 2 Years

    FOX Business: The Power to ProsperThe Dow tumbled 6.2% in May, the worst monthly performance for the blue-chip average since the same month in 2010 as Europe's deepe...

  12. Stocks Climb in Late-Session Action

    FOX Business: The Power to ProsperThe blue chips managed to come back from a triple-digit loss as traders paid close attention to the unfolding situation in Europe.T...

  1. US DATA WEEK AHEAD: Softness Expected To Continue

    Reports due out next week on the service sector, jobless claims and foreign trade are expected to continue the drumbeat of economic weakness.The softness will follow...

  2. Stocks Tumble as Traders Pan Grim Data

    FOX Business: The Power to ProsperSigns that many of the world's biggest economies are weakening crushed traders' sentiment, sending the markets diving deep into neg...

  3. Grim Data Pummel Stocks; S&P Teeters on Correction Territory

    FOX Business: The Power to ProsperA stream of reports showing many of the world's biggest economies are struggling, capped with a bleak U.S. jobs report, sent trader...

  4. Economic Dread Rocks Wall Street; Dow Surrenders 2012 Gains

    FOX Business: The Power to ProsperMarket participants bolted out of risky equity and commodity markets on Friday amid fresh evidence that many of the world's biggest...

  5. DATA SNAP: US Construction Spending Increases 0.3% In April

    Spending on construction projects rose modestly in April, as a jump in private-sector residential activity outweighed a drop-off in public construction.Construction ...

  6. April Construction Spending Up 0.3%

    Construction spending rose 0.3% in April, matching analysts' estimates, to a seasonally adjusted annual rate of $821 billion, the Commerce Department said Friday. Pr...

  7. Coming Up: ISM Factory, Construction Spending

    The Institute for Supply Management's manufacturing index for May is due for release at 10 a.m. Eastern. Economists polled by MarketWatch expect the survey to slip t...

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