NEWS
By Lorraine Mirabella | November 15, 2008
As a government report showed yesterday that sales at the nation's retailers plunged to record lows in October, employees at Lauman's Home Furnishings in Perry Hall prepared to shut down for good. Sales at the 27-year-old furniture store on Belair Road slowed during the past year after customers lost jobs, were turned down for credit or put off buying new sofas, chairs and other furnishings amid the housing slump. But in the past two months, "It just really went beyond slow, and what else do you do?"
NEWS
By Laura Barnhardt | June 27, 2008
Maryland officials should not block a liquefied natural gas terminal proposed in eastern Baltimore County, the federal Department of Commerce said yesterday in a decision that could provide more momentum for the project's approval. Commerce Secretary Carlos M. Gutierrez concluded that the need for natural gas outweighs any environmental damage that could be caused by the LNG terminal and the dredging that would be needed in the Patapsco River to accommodate the tankers importing the fuel.
NEWS
By Allison Connolly | November 22, 2007
Dealing a blow to a major Western Maryland manufacturer, the U.S. International Trade Commission decided not to slap tariffs on cheaper Asian paper imports. The 5-1 decision to overturn a decision by the Commerce Department to impose anti-dumping and anti-subsidy duties on coated and glossy paper from China, Indonesia and South Korea could have repercussions for NewPage Corp.'s Luke paper mill, with 950 employees the largest manufacturing plant in Allegany County. NewPage had filed the complaint seeking punitive tariffs, claiming the imports were being illegally subsidized and sold at unfairly low prices.
NEWS
By Allison Connolly | March 31, 2007
The Commerce Department approved duties on imports of coated paper from China yesterday, brightening the future for several hundred workers at the NewPage paper mill in Allegany County and setting a precedent for other industries that have complained about unfair trade with China. Workers at the plant in Luke just saw 130 colleagues laid off after Dayton, Ohio-based NewPage Corp. permanently shut down line No. 7, blaming China for its woes. The company also temporarily idled a production line in Maine, which affected more than 50 jobs.
NEWS
By KNIGHT RIDDER/TRIBUNE | December 1, 2004
WASHINGTON - Some Chinese shrimp exporters will have to pay discouragingly hefty tariffs of more than 100 percent if they want their products to appear on American dinner tables, the Commerce Department ruled yesterday. The department's International Trade Commission also placed lower-than-expected tariffs on shrimp imports from Vietnam in a move likely to relieve pressure on the U.S. import market and prevent a surge in retail prices. The decisions were seen as a victory by the domestic shrimp industry, which has suffered in recent years as cheap shrimp imports from Latin America and Asia have increased supplies and dropped prices in the United States.
NEWS
By KNIGHT RIDDER/TRIBUNE | November 23, 2004
WASHINGTON - The future of the U.S. shrimp industry and the price Americans pay for shrimp could be affected by a decision tomorrow by the Commerce Department on whether to charge tariffs on foreign shrimp. The tariffs would be imposed if the department determines that foreign shrimp farmers dumped cheap exports on the U.S. market - meaning sold for less than it costs to produce them - in an effort to harm the domestic shrimp industry. The Commerce Department will issue final determinations on tariffs for shrimp producers in China and Vietnam tomorrow, and for Thailand, India, Brazil and Ecuador in December.
NEWS
By BLOOMBERG NEWS | September 5, 1997
WASHINGTON -- Orders placed with U.S. factories increased unexpectedly in July to a record level, a sign that manufacturing could be poised for faster growth, the Commerce Department said yesterday.The 0.2 percent increase in July factory orders to a seasonally adjusted $330.282 billion followed a revised 1.7 percent gain in June to $329.554 billion. Previously, the government estimated that June orders rose 1.2 percent to $327.9 billion. Before yesterday's report, analysts had expected a 0.1 percent decline in July factory orders.
NEWS
By BLOOMBERG NEWS | May 14, 1997
WASHINGTON -- U.S. consumers put their wallets away the past two months after a winter spending spree -- a sign that the economic slowdown for which Federal Reserve policy-makers have been looking may finally be here.Retail sales fell 0.3 percent in April after a poorer performance in March than previously reported, leading to an overall sales level last month that was lower than expected, the Commerce Department reported yesterday. Sales fell in April, even once sluggish auto sales are excluded.
NEWS
By Scott Shane | November 1, 1996
At least once a day, a CIA courier stops by the Department of Commerce in downtown Washington with a packet of top-secret information, gathered around the globe by satellites picking up phone calls, agents inside foreign governments and American spies posing as businessmen abroad.The Central Intelligence Agency packets have gotten fatter in recent years, as U.S. spies have shifted their focus from Soviet missiles to international trade. And the nuggets of information inside can be used not only to make policy but to make a buck.
NEWS
By Tanya Jones | April 4, 1996
WASHINGTON -- Employees of the Commerce Department spent much of yesterday in a state of subdued shock, monitoring radios and televisions for the latest reports about the plane crash in Croatia that may have killed the head of their department and several colleagues."