Tag: Commerce Department
US Federal Reserve’s inflation measure hits nearly 40-year high
US inflation leaps 5.8% in 2021, hits 40-year high
The US sees a surge in inflation at its fastest pace in nearly 40 years last...
US economy regains speed: GDP grows 6.9% in fourth-quarter
US economy grew at a much better-than-expected pace to end 2021
The Commerce Department reported that the gross domestic product (GDP) of the US accelerated...
US trade deficit soars to near-record $80.2 bn amid a surge...
On the sidelines of pandemic, the US sees a trade deficit
The US trade deficit widened sharply to $80.2 billion in November 2021 as imports...