Latest U.S. Commerce Department Stories

U. S. Government levies 75% tariff on lightweight thermal paper sold by Koehler into the U.S. APPLETON, Wis., April 11, 2013 /PRNewswire/ -- Appleton Papers issued a response today following a final determination by the U.S. Commerce Department that Papierfabrik August Koehler AG (Koehler) deliberately coordinated with multiple parties to structure its sales, pricing and shipping procedures in a manner that would enable it to manipulate its sales prices of lightweight thermal paper...

WASHINGTON, Sept. 27, 2012 /PRNewswire/ -- The International Trade Administration of the U.S. Commerce Department today announced a preliminary decision to scrap the 1996 suspension agreement on fresh tomatoes from Mexico. Representatives of five principal Mexican tomato industry organizations are scheduled to meet with Commerce officials Friday morning, and issued this statement: We were stunned by today's preliminary decision by the U.S. Commerce Department to terminate the...

PHOENIX, March 22, 2012 /PRNewswire/ -- Zentric, Inc. (OTCBB: ZNTR) (OTCQB: ZNTR) William Tien, President of Zentric, Inc. is pleased to report that the recent decision by the U.S. Commerce Department to impose new import tariffs ranging from 2.9% - 4.73% on Chinese manufacturers of solar panels will have minimal effect on the acquisition cost that Zentric has secured to fulfill the first 20MW - $72 million phase of the EPC contract its wholly owned subsidiary Zentric (HK) Limited...

WASHINGTON, June 14 /PRNewswire-USNewswire/ -- NetChoice today filed comments with the U.S. Department of Commerce welcoming the agency's increased role in advocating for streamlined and proactive regulations that will promote online services. The entire comments can be found here. The comments were filed in response to a Commerce Department notice seeking input from online innovators regarding the agency's future role in guiding policy recommendations on U.S. and international privacy...

U.S. new home sales rose in August, pulling modestly ahead of July's figures, but remaining lower than last year's rate, the U.S. Commerce Department said. New home sales in August reached an seasonally adjusted annual rate of 429,000, 0.7 percent higher than July, but 3.4 percent lower than August 2008, the department said. In July, sales rose 9.6 percent over June, an indication the rambunctious run up had stalled. The median sales price for new homes in August was $195,200, while the...

Retail and food sales rose 2.7 percent in August to $351.4 billion, but sales remain sharply lower than a year ago, the U.S. Commerce Department said Tuesday. Total sales for August were down 7.6 percent from August 2008, the department's Census Bureau said in a news release. Retail trade sales were up 3 percent from July, but still were 6 percent below last year. Gasoline station sales fell 26.7 percent from August 2008 while building material and garden equipment sales were down 13.6...

Housing market indicators fell in July after two months of increases for housing starts and permits issued, the U.S. Commerce Department said Tuesday. In May, housing starts climbed 17.2 percent above April's starts. In June, the upswing continued with a 3.6 percent rise. Economists expected two months of increases to turn into three, but housing starts dropped 1 percent to an adjusted annual rate of 581,000 homes, the department said. Permits issued fell 1.8 percent to an annual rate of...

The U.S. Commerce Department announced Friday that Internet access providers such as Verizon, Comcast and AT&T do not have to disclose to the government how much revenue they generate from each subscriber, or at what speed their Internet connections typically run.Instead, the telecom providers will be required to provide the information according to blocks consisting of roughly a dozen households.  The companies must also disclose the speed of the Internet service they...

New home sales in the United States rose 11 percent in June to a seasonally adjusted annual rate of 384,000, the U.S. Commerce Department reported Monday. June sales of new single-family homes, however, were 21.3 percent below June 2008, when an estimated 488,000 new homes were sold. The median sales price of a new home sold in June was $206,200, with an average price of $276,900. In May, the median sales price was $221,600, while the average sales price was $274,300. The Commerce Department...

Housing market indicators rose in June with an increase in both housing starts and permits issued, the U.S. Commerce Department said Friday. The seasonally adjusted annual rate of 582,000 starts was 3.6 percent higher than May, when 562,000 starts were recorded. The figure, however, is 46 percent below June 2008, when 1,078,000 homes were started, the report said. Similarly, building permits issued in June were 8.7 percent above May at a seasonally adjusted annual rate of 518,000 homes, but...