Commerce Department

“Gross domestic product — the broadest measure of economic activity — grew at an annual rate of 1.5% in April, May and June, according to a report Thursday from the Commerce Department.”

“That's a modest slowdown from the first three months of the year when GDP grew at a 2.1% pace.”

“Consumer spending continues to power the economy, growing at a solid 2.1% pace during the second quarter.”

“A separate report from the Commerce Department shows prices in June were up 3.7% from a year earlier.”

“The personal savings rate fell to 2.7% in June — a three year low.”

“India's trade deficit widened to a five-month high of $30.4 billion as imports jumped 31% - the fastest pace of expansion in nearly four years - to $70.8 billion, although exports retained their mome…”

“exports rose 15.4% to $40.4 billion”

“crude shipments jumped over 40% to $19.3 billion”

“fertiliser imports trebled to $2.3 billion”

“gold imports rose 7% to stay just below $2 billion”

“silver was down 74% to $60 million”

“engineering remained the top item in India's export basket, growing 21% to $11.5 billion in June”

“electronics exports grew 19% to $4.9 billion”

“oil products rose 9.2% to $4.8 billion”

“Pharma was the fourth biggest export (7% increase to $2.8 billion) item”

“Gems and jewellery saw a pickup, rising 35% to $2.4 billion”

“chemicals grew over 19% to $2.8 billion”

“Sales were down 1.2% compared with April - the first drop in eight months.”

“total sales in May were still 6.9% higher than the recession lows of a year ago.”

“Car and gasoline sales led the monthly falls, down 1.7% and 3.3% respectively”

“the economy expanded at an annualised rate of 3% during the quarter, rather than the 3.2% that had initially been announced.”

“the economic expansion during January-March marked the third quarter in a row to see growth, but it was at a weaker pace than the 5.6% increase reported in the last quarter of 2009.”

“Consumer spending in the first quarter of 2010 was revised down to growth of 3.5%, compared with the initial estimate of 3.6%.”

“The rate of increase in business spending on equipment and software was also lowered, down to 12.7% from the first estimate of 13.4%.”

“According to the Commerce Department's data the total monthly deficit was $40.3bn (£27.5bn), up 0.6% from March.”

“Exports fell 0.7% from the previous month to $148.8bn, slightly faster than the 0.4% drop in imports to $189.1bn.”

“The figures also showed that the trade deficit with China widened by 14.3% to $19.3bn, which is the highest level since November last year.”

“Exports were up 19.9% from April 2009, while imports were up 23.9%.”

“US factory orders increased 1.2% in April, said the Commerce Department, led by a big rise in orders for commercial aircraft.”

“Fast-forward to Friday, the Commerce Department partially lifted the export ban on one of those two models.”