Commerce News Updates

GovernmentBusinessTechnologyFuel

Clean Energy Investments Touted at Commerce Summit

NATIONAL HARBOR, Md. — President Joe Biden cited supply chain achievements and urged foreign investment as the Commerce Department held a networking event that included 70 countries.

May 4, 2023
GovernmentBusiness

Rhode Island Gov. Gina Raimondo Confirmed as Commerce Secretary

Gina Raimondo easily won Senate confirmation as Commerce secretary, placing the Rhode Island governor at the heart of President Joe Biden’s efforts to revive the U.S. economy and confront alleged unfair trade practices by China.

March 2, 2021
GovernmentBusiness

Senate Committee Schedules Vote on Raimondo’s Nomination

A U.S. Senate panel scheduled a vote to consider the nomination of Gov. Gina Raimondo to become the country’s next secretary of commerce.

January 29, 2021
GovernmentBusiness

Biden Selects Boston Mayor Marty Walsh for Labor Secretary

President-elect Joe Biden has selected Boston Mayor Marty Walsh to serve as secretary of the Department of Labor.

January 7, 2021
GovernmentBusiness

Biden Taps Rhode Island Gov. Gina Raimondo as Commerce Chief, Source Says

President-elect Joe Biden has chosen Rhode Island Gov. Gina Raimondo as his nominee for commerce secretary, a person familiar with the matter said Jan. 7.

January 7, 2021
Government

Commerce Department Grants Target Infrastructure Improvements in Texas, California

Texas and California are the recipients of federal grants meant to enhance infrastructure projects essential for freight connectivity, the Department of Commerce’s Economic Development Administration announced.

October 2, 2019
BusinessEquipment

Business-Equipment Orders Show First Decline in Five Months

Orders placed with U.S. factories for business equipment unexpectedly declined in August, the first drop in five months, marking a pause from solid gains in manufacturing, Commerce Department figures showed Sept. 27.

October 1, 2018
GovernmentBusiness

Second Straight Drop in Retail Sales Shows Tepid Spending

Retail sales unexpectedly dropped for a second month in June, signaling consumers are providing only modest support for the U.S. economy, Commerce Department data showed July 14.

July 14, 2017
Government

Narrower Trade Gap May Boost Growth Pace in Second Quarter

The narrower U.S. merchandise trade deficit and increases in inventories may boost analysts’ tracking estimates of economic growth this quarter.

June 29, 2017
Government

LTL Fleets Offering Short-Term Storage, Shift to Smaller Trucks for E-Commerce

Less-than-truckload companies hoping to capitalize on e-commerce are offering shippers short-term storage in terminals and shifting more business from Class 8 trucks to Class 5 and Class 6 straight trucks, according to industry executives.

March 27, 2017