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Wholesale stockpiles fell in June as sales plummeted
WASHINGTON — U.S. wholesale companies cut back their stockpiles in June as sales fell by the most in three years. The declines in sales and inventories could signal slower growth […]
Wholesale stockpiles grew in May but sales fell
WASHINGTON — U.S. wholesale companies added modestly to their stockpiles in May. But sales at the wholesale level dropped by the largest amount in three years, a troubling sign for […]
Wholesale stockpiles grew 0.6 percent in April
WASHINGTON — U.S. wholesale businesses increased their stockpiles at a faster rate in April, responding to a strong gain in sales. The increase could be a good sign for economic […]
$47M in counterfeit goods seized at Patapsco Flea Market
Federal authorities say more than $47 million in counterfeit merchandise seized at the Patapsco Flea Market is the Homeland Security department’s largest such seizure ever. Agents raided the market in […]
Holiday season may be down for U.S. retailers
NEW YORK — It looks like retailers will have to work extra hard to keep this holiday season from turning into a bah humbug. A new forecast indicates that sales […]
Consumer prices, unemployment claims rise
WASHINGTON — Consumers paid more for a range of goods and services last month, and unemployment benefit applications jumped last week to the highest level in three months. The latest […]
Manufacturing, housing, defense lifting some areas of Maryland, sinking others
Just look at the stock market over the last few weeks, jobless figures, unemployment insurance claims or really any metric you can think of and you won’t need much, if […]
Port moves up to 11th in U.S. in value of goods shipped
The Port of Baltimore ranked 11th nationally in terms of the value of cargo shipped through its public and private terminals in 2010, according to the U.S. Census Bureau. The […]
Rising food and gas costs push up consumer prices
Consumers paid more for gas and food in April, lifting inflation to its highest level in two and a half years. But inflationary pressures have begun to ease this month […]
China super rich set to propel luxury yacht sales
HONG KONG — With their sleek, modern lines and polished finish, the two yachts built by Samuel Wong’s shipyard fit right in among the multimillion-dollar floating palaces moored at a […]
Consumers paid more for most goods in January
WASHINGTON — Consumers paid more in January for everything from food and gas to airline tickets and clothing. The price increases reflect creeping but still-modest inflation. The Consumer Price Index […]
Factory output grows for 5th straight month in January
WASHINGTON — Factories produced more goods for the fifth straight month in January as strong auto sales spurred demand for new cars and trucks. But overall U.S. industrial production fell […]
