Commerce Department

  • Geithner Touts Recovery But Predicts Slow Job Growth

    Treasury Secretary Timothy Geithner said today that the six consecutive quarters of economic growth indicated that there is little chance the economy will experience a double dip recession.

  • Pending Home Sales Increase

    The tax credits for home purchases and an improving economy translated into some good news on the housing front in December.

  • GDP Increases in Last Part of 2009

    In a sign that the economy may be picking up, the gross domestic product increased dramatically to an annual rate of 5.7% in the fourth quarter, according to a preliminary estimate released today by the Commerce Department.

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