Trade and Investment

White House National Security Council -- Tunisia’s Moment: Fulfilling the Revolution’s Promise with Economic Reform

Trade and InvestmentForeign Direct Investment (FDI)Commercial Law Development Program (CLDP)Regional Investments to Support Entrepreneurship (RISE)TunisiaTunisian American Chamber of CommerceRegional Investments to Support Entrepreneurship (RISE)

Today, we cannot forget that the roots of that extraordinary political upheaval were about economic freedom. Indeed, Mohamed Bouazizi’s demands were simple: the chance to...

Mar062015

Statement from U.S. Commerce Secretary Penny Pritzker on International Trade in Goods and Services in January 2015

Trade and InvestmentExportsInternational Trade in Goods and ServicesNEI/NEXTTrade Promotion Authority (TPA)Jobs Supported by Exports

The goods and services trade deficit improved by $3.9 billion to $41.8 billion in January. Record monthly levels were reached in exports of insurance and other business...

Mar052015

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In Tunisia, Secretary Pritzker Meets with Government Officials, Business Leaders, and Entrepreneurs to Discuss Ways to Improve Economic Opportunity

Trade and InvestmentForeign Direct Investment (FDI)Commercial DiplomacyTunisia

In addition to offering a keynote address at the Investment and Entrepreneurship Conference, hosted by the Partnership for New Beginnings and the American Chamber of Commerce...

Mar042015

Obama Administration to Showcase America as Premier Destination for Investors at Investment Summit

Trade and InvestmentSelectUSA Investment SummitForeign Direct Investment (FDI)SelectUSAJeff ZientsMegan SmithCaroline Atkinson

Secretary of State John Kerry, Secretary of the Treasury Jacob J. Lew, Secretary of Agriculture Tom Vilsack, Secretary of Labor Thomas Perez, Secretary of Transportation...

Mar042015

U.S. Exports Support a Record 11.7 Million Jobs in 2014

Trade and InvestmentJobsExportsTrade Promotion Authority (TPA)

U.S. Secretary of Commerce Penny Pritzker today issued a report showing that U.S. goods and services exports supported more than 11.7 million jobs in 2014 – a new record.

Mar022015

General Counsel Welsh Promotes Commercial Law Development in Bahrain, Saudi Arabia

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General Counsel Welsh Promotes Commercial Law Development in Bahrain, Saudi Arabia

Trade and InvestmentCommercial Law Development Program (CLDP)Kelly Welsh

U.S. Department of Commerce General Counsel Kelly Welsh met with government officials and business leaders in Bahrain and Saudi Arabia this week to strengthen ties with...

Feb262015

U.S. Deputy Commerce Secretary Andrews Highlights Agency Activities on U.S.-East Africa Engagement

Trade and InvestmentBruce H. AndrewsTrade AfricaForeign Direct Investment (FDI)

U.S. Deputy Secretary of Commerce Bruce Andrews emphasized the importance the United States places on its commercial engagement with the East African Community (EAC) today at...

Feb262015

Department of Commerce Announces Twenty-Six States Achieved Record Export Levels in 2014

Trade and InvestmentPenny Pritzker

U.S. Secretary of Commerce Penny Pritzker today announced new data that shows 26 states achieved records in goods exports in 2014, while eight additional states experienced...

Feb272015

Spiral Candles, proudly made in North Dakota

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President Obama Renews Charge to Help Rural Companies and Communities Compete Globally

Trade and InvestmentExportsMade in Rural America

Yesterday, President Obama announced new commitments in the “Made in Rural America” export and investment initiative, which is charged with bringing together federal trade-...

Feb262015

Commerce Secretary Penny Pritzker Announces Twenty-Six States Achieved Record Export Levels in 2014

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Commerce Secretary Penny Pritzker Announces Twenty-Six States Achieved Record Export Levels in 2014

Trade and InvestmentPenny PritzkerNational Export Initiative (NEI)NEI/NEXT

U.S. Secretary of Commerce Penny Pritzker today announced new data that shows 26 states achieved records in goods exports in 2014, while eight additional states experienced...

Feb242015

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Secretary Pritzker Speaks at the United States Travel and Tourism Advisory Board Meeting about the Administration’s Travel and Tourism Agenda

Trade and InvestmentPenny PritzkerTravel and Tourism Advisory BoardU.S.-China Joint Commission on Commerce and Trade (JCCT)

U.S. Secretary of Commerce Penny Pritzker today participated in a discussion about the Administration’s travel and tourism agenda at the United States Travel and Tourism...

Feb242015

Secretary Pritzker Joins Bipartisan Roundtable on the Benefits of Trade during National Governors Association Winter Meeting.

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Secretary Pritzker Joins Bipartisan Roundtable on the Benefits of Trade During National Governors Association Winter Meeting

Trade and InvestmentPenny PritzkerTrans-Pacific Partnership (TPP)Trans-Pacific Partnership (TPP)

Yesterday, Commerce Secretary Penny Pritzker joined a bipartisan roundtable at the White House on the importance of trade and new trade agreements. The meeting was part of...

Feb102015

Op-Ed -- CNN -- Made in America Makes a Comeback

Trade and InvestmentTrans-Pacific Partnership (TPP)Trade Promotion Authority (TPA)

Thanks to the resilience of U.S. workers and businesses of all sizes, "Made in America" is making a comeback. According to data released last week by the...

Feb212015

Statement by U.S. Secretary of Commerce Penny Pritzker on the West Coast Port Agreement

Trade and InvestmentPenny Pritzker

U.S. Secretary of Commerce Penny Pritzker today issued the following statement on the West Coast ports agreement.

Feb192015

U.S. Ambassadors to Lead Delegations of Investors to 2015 SelectUSA Investment Summit

Trade and InvestmentSelectUSA Investment SummitSelectUSAPenny Pritzker

U.S. Secretary of Commerce Penny Pritzker today announced that 26 U.S. ambassadors are currently signed up to personally lead delegations of investors to the 2015 SelectUSA...

Feb132015

Statement by U.S. Secretary of Commerce Penny Pritzker on Newly-Released Report on National Travel and Tourism Goal

Trade and InvestmentNational Travel and Tourism Strategy

U.S. Secretary of Commerce Penny Pritzker today made the following statement on the newly-released report to the President that establishes a national travel and tourism goal.

Feb112015

U.S. Commerce Secretary Penny Pritzker Announces New Manufacturing Council Members

Trade and InvestmentManufacturing CouncilOpen for Business AgendaPenny Pritzker

U.S. Secretary of Commerce Penny Pritzker today announced the appointment of 30 private sector leaders to the Manufacturing Council (the Council) for the 2015-2016 charter...

Feb112015

Remarks from U.S. Secretary of Commerce Penny Pritzker at the Kauffman Foundation's 2015 State of Entrepreneurship Address

Trade and InvestmentPenny PritzkerNational Advisory Council on Innovation and Entrepreneurship (NACIE)National Network for Manufacturing Innovation (NNMI)National Network for Manufacturing Innovation (NNMI)Presidential Ambassadors for Global Entrepreneurship (PAGE)Regional Innovation Strategies Program (RIS)

Today, U.S. Secretary of Commerce Penny Pritzker delivered remarks on the leadership of the Department of Commerce and the entire Obama Administration in promoting...

Feb202015

Secretary Pritzker talks with employees of the Leatherman Tool Group, Inc during a tour

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Secretary Pritzker Hosts Roundtable Discussion with Oregon and Washington Business Leaders on Importance of International Trade

Trade and InvestmentExportsPenny Pritzker

Secretary Pritzker started the day with a tour and visit to General Plastics, in Takoma, Washington, a leading manufacturer of plastic-based goods. Later in the day,...

Feb202015

Deputy Secretary Andrews tours APS BioGroup in Phoenix, Arizona

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Deputy Secretary Andrews Visits Phoenix Manufacturer and Highlights Power of Exports to Local Economy

Trade and InvestmentBruce H. AndrewsExportsTrans-Pacific Partnership (TPP)Transatlantic Trade and Investment Partnership (T-TIP)

After seeing APS BioGroup’s facilities and meeting employees, Deputy Secretary Andrews talked with local business leaders about the importance of trade and exports to the...

Feb192015

NIST awards $20 million for research center to help communities increase resilience to disaster

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NIST Awards $20 Million for Research Center to Help Communities Increase Resilience to Disaster

Trade and InvestmentWillie E. MayCommunity Resilience Center of Excellence

Working with NIST researchers and partners from 10 other universities, the center will develop computer tools to help local governments decide how each can best invest...

Feb182015

Secretary Pritzker discusses entrepreneurship at the Kauffman Foundation's 2015 State of Entrepreneurship Address

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Secretary Pritzker Discusses Entrepreneurship at the Kauffman Foundation’s 2015 State of Entrepreneurship Address

Trade and InvestmentPenny PritzkerKauffman FoundationPresidential Ambassadors for Global Entrepreneurship (PAGE)

Secretary Pritzker highlighted the Commerce Department’s role in ensuring there is an infrastructure of opportunity to support entrepreneurship domestically and...

Feb132015

Secretary Pritzker tours DODOcase and highlights successful San Francisco exporters

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Secretary Pritzker Tours DODOcase and Highlights Successful San Francisco Exporters

Trade and InvestmentTrans-Pacific Partnership (TPP)Penny Pritzker

During her tour of the company’s manufacturing facility, Secretary Pritzker met with company executives and spoke with other San Francisco area business leaders and...

Feb132015

Report to the President on America's National Travel and Tourism Goal

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Report to the President on America’s National Travel and Tourism Goal

Trade and InvestmentNational Travel and Tourism StrategyTravel and TourismPenny PritzkerJeh Johnson

Growth in spending from these visitors during this period has supported roughly 280,000 new American jobs. Preliminary estimates show the U.S. welcomed a record 74 million...

Feb062015

Statement from U.S. Commerce Secretary Penny Pritzker on January Jobs Numbers

Trade and InvestmentPenny Pritzker

U.S. Secretary of Commerce Penny Pritzker today released the following statement on the January jobs report, which showed that U.S. employment rose by 257,000 last month.

Feb052015

U.S. Exports Hit New Annual Record, Reaching $2.35 Trillion in 2014

Trade and InvestmentInternational Trade in Goods and ServicesNEI/NEXTPenny Pritzker

U.S. Secretary of Commerce Penny Pritzker today announced that U.S. exports in 2014 set a record for the fifth consecutive year, reaching $2.35 trillion. International Trade...

Feb052015

Total exports in 2014 were 2.35 trillion.

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U.S. Exports Hit Record High for the Fifth Straight Year

Trade and InvestmentExportsPenny Pritzker

Today, the Commerce Department announced new data that show U.S. businesses exported $2.35 trillion of our goods and services in 2014, hitting a record high for the fifth...

Feb052015

Under Secretary Stefan M. Selig discusses the importance of exports as part of a panel discussion hosted by the Atlantic Council

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A Record Year for American Exports, Further Proof of American Greatness

Trade and InvestmentNational Export Initiative (NEI)Stefan Selig

“The shadow of crisis has passed,” the President declared in his State of the Union two weeks ago, and the export data we released today goes to the heart of that very point.

Jan302015

Data driving development: EDA releases new cluster mapping tool to help spur regional economic growth

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EDA Tools: Supporting Investment in Local Communities

Trade and InvestmentCluster MappingOhioNational Excess Manufacturing Capacity Catalogue (NEXCAP)

A community can’t attract investment if it doesn’t have a clear sense of what it has to offer to a potential company or industry looking to locate there. That’s why the U.S...

Jan302015

Isabella Cscarano, Jose Burgos, James W. Brewster, Teresa Berrios, and Alejandra Y. Castillo ready to meet local entrepreneurs during the Puerto Rico MBDA Business Center's MED Week Conference.

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Puerto Rico MBDA Business Center’s MED Week Event Helps Local Entrepreneurs, Businesses Expand Their Opportunities

Trade and InvestmentAlejandra Y. CastilloMinority Enterprise Development (MED) WeekManufacturing Extension Partnership (MEP)Puerto Rico

Puerto Rican businesses and entrepreneurs looking for opportunities that drive growth found them during Puerto Rico’s MBDA Business Center’s Minority Enterprise Development...

Jan292015

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America’s Economic Resurgence: Invest in the U.S.A - The 2015 SelectUSA Summit Agenda

Trade and InvestmentSelectUSASelectUSA Investment SummitForeign Direct Investment (FDI)

There has never been a better time to invest in the United States. With a resurgent economy and a strong economic foundation to support growth for years to come, it is no...

Jan292015

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Top 5 Reasons to Apply to be an IMCP Designated Community

Trade and InvestmentInnovationInvesting in Manufacturing Communities Partnership (IMCP)Investing in Manufacturing Communities Partnership (IMCP)Penny Pritzker

Today, the Commerce Department's Economic Development Administration (EDA) announced the next round of competition for designation as a “Manufacturing Community” under...

Jan292015

U.S. manufacturing attracts foreign investment.

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U.S. Manufacturing Attracts Foreign Investment

Trade and InvestmentInnovationManufacturing Extension Partnership (MEP)Manufacturing Extension Partnership (MEP)Manufacturing Extension Partnership (MEP)Foreign Direct Investment (FDI)

The United States is an attractive destination for foreign investment dollars for a variety of reasons, including a large economy with diverse consumer markets, a skilled...

Jan282015

U.S. Secretary of Commerce Penny Pritzker poses with Mr. Sidharth Birla and Dr. Jyotsna Suri.

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Fast-Paced Foreign Direct Investment from India

Trade and InvestmentSelectUSASelectUSA Investment SummitPenny Pritzker

I recently had the great pleasure of participating in an exciting event with Secretary of Commerce Penny Pritzker in New Delhi. Hosted by the Federation of Indian Chambers of...

Jan272015

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Counties as Partners in Investment Decisions- NACo’s 2014 County Economic Tracker

DataTrade and Investment

County economies are the building blocks of regional economies (metropolitan areas and micropolitan areas), states and the nation. County governments ensure the functioning...

Jan272015

Secretary Pritzker focuses on strengthening bilateral commercial relationship, increasing foreign direct investment during trip to India.

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Secretary Pritzker Focuses on Strengthening Bilateral Commercial Relationship, Increasing Foreign Direct Investment During Trip to India

Trade and InvestmentSelectUSASelectUSA Investment SummitU.S.-India Strategic DialoguePenny Pritzker

Secretary Pritzker today concluded a three-day trip to India, where she was honored to join the U.S. delegation traveling with President Obama. During the trip, she announced...

Jan262015

U.S. Secretary of Commerce Penny Pritzker joins President Obama in calls for more trade and investment with India.

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U.S. Secretary of Commerce Penny Pritzker Joins President Obama in Calls for More Trade and Investment with India

Trade and InvestmentU.S.-India Strategic DialoguePenny PritzkerForeign Direct Investment (FDI)

As part of President Obama’s official delegation to India, U.S. Secretary of Commerce Penny Pritzker joined the President and Prime Minister of India Narendra Modi at the U.S...

Jan232015

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Secretary Pritzker Attends World Economic Forum to Highlight Priorities Integral to Lasting Economic Recovery

Trade and InvestmentEconomyWorld Economic ForumPenny Pritzker

This week, Secretary Pritzker traveled to Davos, Switzerland to attend the World Economic Forum and participate in a panel discussion titled “The Outlook for the United...

Jan232015

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San Antonio MBDA Business Center’s Export Strategies Support Foreign Direct Investment

Trade and InvestmentForeign Direct Investment (FDI)

The San Antonio MBDA Business Center’s specialty is helping minority businesses (MBEs) find exporting opportunities in Latin America. Aligning with White House initiatives...

Jan232015

Secretary Pritzker Travels to Charlotte to discuss future of the U.S. economy.

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Secretary Pritzker Travels to Charlotte to Discuss Future of U.S. Economy

Trade and InvestmentOpen for Business AgendaU.S. Export Assistance CenterPenny Pritzker

On Wednesday, Secretary Penny Pritzker traveled to Charlotte, North Carolina to participate in an armchair discussion with Charlotte Chamber President and CEO Bob Morgan. She...

Jan222015

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Data Snapshot: How Much Do Small- and Medium-sized Businesses Contribute to U.S. Exports?

Trade and InvestmentExportsState of the Union

In his State of the Union address, President Obama said that “21st century businesses, including small businesses, need to sell more American products overseas. Today, our...

Jan222015

JoAnn Crary, CEcD, President of Saginaw Future, Inc. and 2015 Chair of the Board of Directors of the International Economic Development Council.

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2015 Will Be the Biggest Year Yet for International Opportunities for Regional Economic Development

Trade and InvestmentAssess Costs Everywhere (ACE)Foreign Direct Investment (FDI)NEI/NEXTSelectUSASelectUSA Investment Summit

2015 is off to a great start for International Economic Development Council (IEDC) and I am excited and honored to spend the next 12 months as the Chair of our Board of...

Jan212015

Ambassador LeVine and Swiss business leaders at White House Investment Mission.

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Swiss Foreign Direct Investment Promotes Jobs in the United States

Trade and InvestmentForeign Direct Investment (FDI)Penny PritzkerSelectUSA

Jobs, Jobs, and more Jobs. One role that we, as diplomats, play is that of business development. Why? Because of Shared Prosperity. Our economies are deeply intertwined so, a...

Jan142015

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Commerce and White House Ramp-Up Efforts to Open More Markets to American Goods and Services

Trade and InvestmentTrans-Pacific Partnership (TPP)Transatlantic Trade and Investment Partnership (T-TIP)Penny Pritzker

Exports are a vital part of the Obama Administration’s economic growth agenda, therefore, the Commerce Department and the White House hosted a fly-in that brought business...

Jan142015

SelectUSA Tech in Dublin-legal, visa, insurance and tax considerations for U.S. expansion.

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2015: The Year to Launch and Scale in the United States

Trade and InvestmentForeign Direct Investment (FDI)Penny Pritzker

The United Kingdom and Ireland are both home to flourishing tech startups looking for the right opportunities to grow globally. The United States is the logical target for...

Jan132015

Swiss executives announce $3 billion investment in the US during meeting with Secretary Pritzker

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Swiss Executives Announce $3 Billion Investment in the United States During Meeting with Secretary Pritzker

Trade and InvestmentForeign Direct Investment (FDI)SelectUSA Investment SummitThomas PerezPenny Pritzker

Today, U.S. Secretary of Commerce Penny Pritzker, Secretary of Labor Tom Perez, NEC Director Jeff Zients and Senior Advisor to the President Valerie Jarrett, hosted a...

Jan222015

Op-Ed -- LinkedIn Influencer -- A Stronger Middle Class Begins With All of Us

Trade and InvestmentPenny Pritzker

Today, I traveled to Charlotte for a discussion with the local chamber of commerce about the President’s State of the Union address, the state of our economy, and what we can...

Jan102015

Op-Ed -- El Diario -- Política de Obama sobre Cuba mira hacia el futuro

Trade and InvestmentCubaForeign Direct Investment (FDI)John KerryPenny PritzkerJacob J. Lew

La decisión del Presidente Obama de comenzar a normalizar relaciones con Cuba beneficiará los intereses de Estados Unidos y los del pueblo cubano.

Jan152015

Hoja Informativa: Anuncio del Departmento de Comercio y el Departmento del Tesoro de Estados Unidos Sobre Modificiones a las Normas Sobre Sanciones con Respecto a Cuba

Trade and InvestmentForeign Direct Investment (FDI)Cuba

El 17 de diciembre, 2014 el Presidente anunció un conjunto de cambios diplomáticos y económicos para trazar un nuevo curso en las relaciones entre Estados Unidos y Cuba, a...

Jan152015

Fact Sheet: U.S. Department Of Commerce and U.S Department Of The Treasury Announcement Of Regulatory Amendments To The Cuba Sanctions

Trade and InvestmentCubaForeign Direct Investment (FDI)

On December 17, 2014 the President announced a set of diplomatic and economic changes to chart a new course in U.S. relations with Cuba and to further engage and empower the...

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