Department of Commerce

News

History of Kwame Nkrumah University of Science and Technology

KNUST – A Prestigious and uniquely standardized tertiary institution and pride of the Ashantis, Kwame Nkrumah...

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US Economy Grows 2.6% In Second Quarter

The US economy gathered speed in the second quarter, more than doubling the growth pace of the first three months of...

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Aircraft Jump Causes US Durable Goods To Soar In June

Orders for major US-manufactured goods spiked in June to a three-year high as civilian aircraft orders more than...

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US New Home Sales Rise In June But Prices Retreat From Record

Sales of new US homes rose slightly in June, hitting their highest level in three months, as demand for housing...

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US New Home Construction Jumps In June

Construction of new US homes rebounded in June to its highest level in four months, a sign that homebuilders may...

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US To Push For Lower Trade Gap In NAFTA Talks

The United States on Monday said it would work to shrink trade deficits with Canada and Mexico in talks to renegotiate...

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US Inflation Flat In June While Retail Sales Sink

Cheap energy prices kept US inflation flat in June in another sign price pressures remain weak in the world's largest...

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US Trade Gap Narrows In May On Record Exports

The US trade deficit shrank in May as American exports hit their highest level in two years, the Commerce Department...

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Key US Inflation Measure Declines In May

The Federal Reserve's preferred measure of inflation retreated in May, casting further doubt on the chances for another...

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US First Quarter Growth Revised Up To 1.4%

The US economy grew slightly faster than originally reported in the first three months of the year, on stronger...

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Samsung To Invest $380 Mn In New Plant In US

Samsung plans to invest $380 million and hire nearly 1,000 workers for a new manufacturing plant for home appliances in...

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Falling Aircraft Sales Prompt Dip In May US Durable Goods Orders

New orders for big-ticket US manufactured goods fell for the second month in a row in May, recording their biggest drop...

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US New Home Prices Hit Record In May

Sales of new homes in the United States picked up in May, with prices hitting their highest levels on record, the...

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US Aluminum Makers Point Finger At China, Call For Tariffs

Chinese overproduction is sending the US aluminum industry into near collapse, endangering supplies of materials...

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Gasoline Prices Drag Down US Inflation, Retail In May

Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more...

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Gasoline Prices Drag Down US Inflation, Retail In May

Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more...

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US Trade Deficit Widens In April

The US trade gap widened in April for the second straight month as Americans bought more imported consumer goods, the...

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Key US Inflation Measure Up In April But Remains Soft

The US Federal Reserve's preferred measure of inflation remained soft in April, despite a modest increase, with a key...

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Hopes of ‘Trump-O-Nomics’ Vs Slow-Growth Reality

President Donald Trump's economic and tax agenda assume growth in the world's largest economy will see a sustained...